Alation: 63% of orgs prioritize enterprise development over knowledge governance

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

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

Picture Credit score: Alation

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

This pressure between knowledge governance and empowering the enterprise to make use of knowledge isn’t new. For therefore lengthy, corporations would deal with the “defensive” position of governance, compliance, moderately than the “offensive” to supply trusted knowledge that empowers enterprise choices. At the moment, there may be room for each the defensive and offensive sides to governance, but it requires democratization of information and the suitable instruments.

The Alation State of Information Tradition Report offers 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 knowledge to drive enterprise worth. As part of its evaluation, the report contains the Alation Information Tradition Index™ (DCI), a quantitative evaluation of how effectively a company is positioned to allow data-driven decision-making throughout three key disciplines: knowledge search & discovery, knowledge literacy, and knowledge 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 Information Tradition Report leaves us with a couple of main takeaways as we fly by way of the center of 2021:

  1. Progress is the highest knowledge and analytics precedence.

  2. Information is required to assist that development, however organizations are struggling to successfully democratize knowledge.

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

Learn the total Q2 2021 State of Information Tradition report from Alation.

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