Digital transformation is happening now and faster than ever. To optimize the work effort required to create sustainable trusted data sets, the right approach and technologies need to be implemented. In order to accomplish this, data strategies need to focus on results first. To objectively break silos within an organization while maintaining relevancy, agility is critical when collecting data for cross-departmental integration. Most importantly, to begin this long cultural behavioural shift, it is essential to have executives on board.
According to Forrester, 64% of firms that have been using rules engines and platforms for more than 10 years feel that it is very important for their firm to make decisions in real time.