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April 23, 2024

Data Point of the Week

Enterprise Strategy Group

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75% of organizations report increased use of third-party data over the last 12 months.

Source: Enterprise Strategy Group Research Report, The State of DataOps: Unleashing the Power or Data, January 2024.

For most organizations, data is no longer only one of many elements that contribute to the success of business initiatives. On the contrary, data increasingly is the business, wielding formidable influence and power across numerous factors, including the ability to rapidly make informed business decisions. In turn, organizations are investing significant resources into the development of DataOps strategies that formalize parts and processes inherent to the data pipeline and help to build collaboration between stakeholders across the ecosystem. Data-centric challenges are extensive within any team connected to the organization’s data pipeline, including data producers, engineers, developers, and users. These challenges ultimately drive the adoption and use of technologies and processes designed to satisfy both common and unique data requirements.

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