Alation: 63% of orgs prioritize enterprise progress over information governance

Knowledge governance is essential, however 63% of knowledge professionals stated enterprise progress takes priority in current analysis from Alation, an organization offering information intelligence options.  Because the economic system continues to strengthen and organizations shift in the direction of post-pandemic revival, the Q2 2021 Alation State of Knowledge Tradition report displays organizations’ want to capitalize on accessible progress alternatives.

Above: Whereas 63% of knowledge leaders cite assembly or exceeding income targets, that quantity will increase to 75% amongst these with a top-tier information tradition. Prime-tier information tradition organizations are additionally extra more likely to exceed income targets (49%) versus 38% total. (State of Knowledge Tradition Report, Q2 2021)

Picture Credit score: Alation

Producing income ranks as the highest enterprise driver of knowledge and analytics initiatives. Nevertheless, they’re challenged with balancing their information governance technique between enabling enterprise progress and innovation and defending the enterprise. The result’s that just about all respondents (91%) are experiencing challenges, and practically half (47%) say that it is extremely to extraordinarily difficult.

This rigidity between information governance and empowering the enterprise to make use of information isn’t new. For thus lengthy, corporations would deal with the “defensive” function of governance, compliance, somewhat than the “offensive” to offer trusted information that empowers enterprise selections. Right now, there may be room for each the defensive and offensive sides to governance, but it requires democratization of knowledge and the precise instruments.

The Alation State of Knowledge Tradition Report gives a quarterly evaluation of the progress enterprises have made in creating a knowledge tradition, the challenges they face in embracing data-driven decision-making, and the progress they’ve made in leveraging information to drive enterprise worth. As part of its evaluation, the report consists of the Alation Knowledge Tradition Index™ (DCI), a quantitative evaluation of how effectively a company is positioned to allow data-driven decision-making throughout three key disciplines: information search & discovery, information literacy, and information governance. Enterprises are ranked low-, mid-, and top-tier based mostly on how broadly adopted these disciplines are throughout the enterprise.

This newest Alation State of Knowledge Tradition Report leaves us with a number of main takeaways as we fly by the center of 2021:

1. Progress is the highest information and analytics precedence.

2. Knowledge is required to assist that progress, however organizations are struggling to successfully democratize information.

3. Knowledge leaders are caught in a battle between democratizing information to drive the enterprise and governing information to guard the enterprise.

Learn the complete Q2 2021 State of Knowledge Tradition report from Alation.