Greater than two-thirds of corporations are nonetheless struggling to make the most of their priceless information, in accordance with not too long ago launched survey findings.
The survey from information integration firm Fivetran indicated just a few causes for this. Forty-four p.c of respondents acknowledged that key information isn’t usable for determination making, and 68% stated they didn’t have the time wanted to derive worth from information.
Additional, nearly the entire respondents (98%) have hassle constructing the mandatory pipelines to entry their information. The identical variety of respondents additionally stated that the pipelines they do have usually break, and half stated that it occurs greater than as soon as per 30 days.
There have been some respondents whose pipelines broke every day, and the explanations cited embrace supply availability and information schema adjustments.
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Fifty-five p.c of respondents stated that it takes longer than one enterprise day to restore pipelines.
“Knowledge engineers are the forces behind revenue-impacting enterprise selections, but they’re nonetheless burdened by the restrictions of brittle, hard-to-maintain information pipelines. Firms ought to pay attention to the challenges these priceless staff face to allow them to ship dependable information extra simply to enterprise stakeholders,” stated George Fraser, CEO of Fivetran.
Different findings of the survey included that 79% of respondents plan to rent extra information engineers this 12 months, 86% use a number of options to construct new information pipelines, and 72% transfer information every day.
As well as, 41% of respondents claimed that their prime data-related problem is a scarcity of information technique inside their group. This contains insurance policies, processes, and standardized know-how.