Boards and executives know there’s hidden value in their data and expect releasing new insights will unlock operational efficiencies and business growth, with the top benefit identified as better decision-making. Another noted, ‘data lakes’ are becoming data swamps’ that you can get stuck in (Kumar Goswami).Īn IDG Market Pulse report cited sky-high expectations of data as the second of ten big trends in data analytics. One commentator has gone further, saying “CIOs risk being overwhelmed by multiple data sources, multiple tools, and rising expectations from executive teams and end-users alike to find new ways to leverage data-driven insights across the organisation” (IDG 2022). I talked about how dozens of executives told us how their organisations are ‘drowning in data’ in my previous article 'It's time for better dashboards'.

This despite the vast sums being invested in ever more data collection and analysis. OPINION: Boards need to ask if their companies are getting best value out of their data because research shows most enterprise data aren’t being used.

Wasted days and wasted nights notes