Smuggling of 5.2 million crushed Captagon pills thwarted at Al-Hadithah Port    Biden, Macron discuss efforts to enable stronger, more capable European defense    India, UK agree to enhance relations    Pfizer: COVID-19 vaccine 91% effective in children aged 5-11    International confrontations ignite WWE Crown Jewel fights in Riyadh Season 2021    High turnout at RUSH Festival    Friends pip Asfaan; Chinar, ICAD, Pak Zalmi prevail in Kanoo league    SGI forum in Riyadh signifies new era of action to tackle climate crisis    FATF puts Turkey on 'grey list'; Pakistan to remain on 'grey list'    Central Bank of Iraq, AGFUND to cooperate in financial inclusion, financial education, digitization    KAPSARC investigates ways to diversify non-oil exports to achieve Vision 2030    SFD CEO receives National Bank of Iraq chairman    17 foreign diplomats symbolize global interaction with Riyadh Season 2021    King, Crown Prince condole with US President over Colin Powell's death    'Be a Star' — WWE stars fight cyberbullying in Riyadh    Prop gun fired by actor Alec Baldwin kills cinematographer on movie set    Trend Micro blocked 48 million threats in KSA, reveals its Midyear round up report for H1 2021    Saudi National Team is among top 50 teams in world in FIFA ranking    Bollywood superstar's son denied bail in drugs case    General admission tickets on sale now for F1 STC Saudi Arabian Grand Prix 2021    Acclaimed Spanish female crime writer revealed to be three men    Saudis, expats mourn death of prominent Filipino preacher in Riyadh    Bollywood actor Sidharth Shukla dies at 40    Custodian of the Two Holy Mosques Directs KSrelief to Urgently Provide Malaysia with Medical, Preventive Equipment and Supplies to Address COVID-19 Pandemic    Weather Forecast for Sunday    Custodian of the Two Holy Mosques Congratulates President of Maldives on Independence Day    RSNF Commander Patronizes Ceremonial Launching of His Majesty's Ship "Jazan"    OIC Condemns Houthi Attempts to Target Civilians in Saudi Arabia    Philippines evacuates thousands as monsoon rains flood cities, provinces    Heavy rain in India triggers floods, landslides; at least 125 dead    U.S. Records 64,321 New Infections of Coronavirus    Without Fans, Tokyo Olympics Kicked Off    Pilgrims Perform Dhuhr and Asr Prayers at Arafat Holy Site    Dr. Mohammed Sulaiman Al-Jasser, Saudi Arabia's Pick to Chair IsDB Group for the next five years, unanimously approved by BoG Committee of Procedures    Saudi Press: Fitch affirms Saudi Credit Rating at "A" with a revised outlook to stable from negative    Handled Cargo at Saudi Ports Increases during June 2021    SDAIA, DARP & STC Launch Pilgrim's Smart Bracelet (NUSK)    Tabuk sculptor spends 8 years in carving entire Holy Qur'an on 30 marble slabs    2 Goals by Diaz Gives Colombia 3rd Place at Copa America    Saudi Cinema Night at Arab World Institute in Paris Kicks Off    KSU Leads Joint International Scientific Project for Early Detection of Breast Cancer    Saudi Arabia to Participate in Cannes Film Festival 2021    Arab Cup U-17 Championship Draw Saudi Arabia, Morocco, Palestine, Kuwait, in the 1st Group    AWI Hosts Saudi Cinema Nights in Paris    Brazil Beats Chile at Copa America Despite 2nd-Half Red Card    Council of Senior Scholars: Muslim Brothers' Group Don't Represent Method of Islam, rather only Follows its Partisan Objectives, Violating our Graceful Religion    Eid Al-Adha Prayer Performed at the Grand Holy Mosque    Pilgrims Perform Dhuhr and Asr Prayers in Arafat Holy Site    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Organizations in Saudi Arabia view data overload as prime barrier to transformation
Published in The Saudi Gazette on 25 - 09 - 2021

Dell Technologies announced the findings of a globally commissioned study conducted by Forrester Consulting titled, 'Unveiling Data Challenges Afflicting Businesses Around The World'. The study, shows that for most businesses, data has become their most valuable business asset but are overwhelmed with the sheer volume, velocity and variety of data.
Based on a survey with 4,036 data decision-makers from 45 locations including KSA, the findings build upon the biennial Dell Technologies Digital Transformation Index study, which assesses the digital maturity of businesses around the globe. The 2020 DT Index revealed that "data overload/unable to extract insights from data" was the prime barrier to transformation, up from 12th place in 2016.
Dell Technologies commissioned the study with Forrester Consulting to understand why and how we can stop data from becoming one of the key barriers to transformation. These findings were revealed at the Dell Technologies Forum Middle East 2021, the company's flagship event that brings together senior decision-makers and industry think tanks to discuss emerging trends, challenges, and new growth opportunities in the Middle East's dynamic technology sector.
The study identifies several data paradoxes affecting businesses today, including:
1. The Perception Paradox
70 percent of the KSA respondents say their business is data-driven and state "data is the lifeblood of their organization." But only 19 percent testify to treating data as capital and prioritizing its use across the business. To provide some clarity, Forrester Consulting created an objective measure of businesses' data readiness.
The results show that 91 percent of KSA businesses are yet to progress either their data technology and processes and/or their data culture and skills. Only 9 percent of businesses are defined as Data Champions: companies that are actively engaged in both areas (technology/process and culture/skills).
2. The "Want More Than They Can Handle" Paradox
According to the research, 59 percent in KSA say they are gathering data faster than they can analyze and use, yet 71 percent say they constantly need more data than their current capabilities provide. This could be because:
• 57 percent are guarding a significant amount of their data in data centers they own or manage, despite the known benefits of processing data at the edge – where the data is generated.
• An IT strategy that doesn't scale: 47 percent are bolting on more data silos, rather than consolidating what they have.
Consequentially, the explosion in data is making it challenging to meet business requirements with 70 percent of respondents stating that their teams are already overwhelmed by the data they currently have.
"In a digital economy, data is one of the most valuable business assets, yet today, it stands to be a significant barrier to growth. Navigating this modern-day paradox, and turning vast amounts of data into actionable outcomes can seem daunting especially when on a path to digital transformation.
"At Dell Technologies, we empower regional organizations to tackle these concerns by offering tailored end-to-end infrastructure solutions that not only support a data-driven work culture that is capable of predicting the future but is also equipped to harness data to achieve better business results, faster," said Mohamed Talaat, vice-president, Saudi Arabia, Egypt and Levant, Dell Technologies.
3. The "Seeing Without Doing" Paradox
While economies have suffered during the pandemic, the on-demand sector has expanded, igniting a new wave of data-first, data-anywhere businesses. However, the number of businesses that have moved the majority of their applications and infrastructure to an as-a-service model is still small (17 percent). The report also cites that an on-demand model would help 89 percent of organizations in KSA that are currently struggling with either or all of the following barriers to better capture, analyze and leverage data.
Hope on the Horizon
Although businesses are struggling to adopt robust data management strategies, many have plans to create a better tomorrow: In KSA, 73 percent intend to deploy machine learning to automate how they detect anomaly data, 61 percent are looking to move to a data-as-a-service model and 58 percent are planning to look deeper into the performance stack to rearchitect how they process and use data.
Three ways businesses can turn their data burden into a data advantage include:
1. Modernize their IT infrastructure, so it meets data where it lives, at the edge. This incorporates bringing businesses' infrastructure and applications closer to where data needs to be captured, analyzed and acted on — while avoiding data sprawl, by maintaining a consistent multi-cloud operating model
2. Optimize data pipelines, so data can flow freely and securely while being augmented by AI/ML
3. Develop software to deliver the personalized, integrated experiences customers crave.
Data management is central to an organization and its growth. Therefore, a solution should provide the global scale that businesses need as their application workloads and data. — SG


Clic here to read the story from its source.