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How to Find Business Value in Your Data Through Modernization

  • How to Find Business Value in Your Data Through Modernization-

    Implement Advanced Architectures

    Plan for the long term with advanced architectures and predictive capabilities.

    Both the opportunities and challenges that come from corporate data programs are evolving rapidly. In order to make long-term, large-scale, data-related improvements, businesses must implement advanced architectures that can handle complex analytics. By the same token, it's crucial that companies invest in predictive capabilities that can help them make better long-term decisions, faster. Simply put, it's beneficial if you can determine which of your past actions have been most successful, as this can allow you to discover best practices through trial and error. But if your competitor is able to outpace you in this process, you'll soon find yourself losing ground. So to stay competitive, it's important that you not only have the architecture you need to quickly analyze past performance but the predictive capabilities you need to more easily determine what will work in the future.

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How to Find Business Value in Your Data Through Modernization

  • 1 | 2 | 3 | 4 | 5 | 6 | 7
  • How to Find Business Value in Your Data Through Modernization-5

    Implement Advanced Architectures

    Plan for the long term with advanced architectures and predictive capabilities.

    Both the opportunities and challenges that come from corporate data programs are evolving rapidly. In order to make long-term, large-scale, data-related improvements, businesses must implement advanced architectures that can handle complex analytics. By the same token, it's crucial that companies invest in predictive capabilities that can help them make better long-term decisions, faster. Simply put, it's beneficial if you can determine which of your past actions have been most successful, as this can allow you to discover best practices through trial and error. But if your competitor is able to outpace you in this process, you'll soon find yourself losing ground. So to stay competitive, it's important that you not only have the architecture you need to quickly analyze past performance but the predictive capabilities you need to more easily determine what will work in the future.

According to IDC, there will be 44 zettabytes of data in the world by 2020. That number might make a splashy headline, but it presents an entirely different challenge for organizations that will be tasked with storing, analyzing and utilizing this data. Companies are collecting more data, in varying types and sizes, from more sources than ever before, but it only becomes a meaningful and valuable asset when organizations can transform it into actionable insights. In today's increasingly crowded and complex data environment, that's more challenging than ever especially for businesses operating on legacy systems.

Infrastructure modernization is the key to unlocking data value. Of course, the path and pace of data modernization will differ depending on an organization's unique objectives or circumstances. Here, Anna Le, executive director of enterprise services product development, Dell Global Support & Deployment, offers five tips for finding business value in data through infrastructure modernization.