Gartner :

" By 2024, 30% of organizations will invest in data and analytics governance platforms thus increasing the business impact of trusted insights and new efficiencies."

Predicts 2021: Data and Analytics Strategies to Govern, Scale and Transform Digital Business

Want to know about data and analytics strategies for 2021

Gartner’s survey proposed the predicts in 2021 for Data and Analytics Strategies to Govern, Scale and Transform Digital Business.

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As per Gartner “To increase business value, organizations will invest in data and analytics platforms, trust-based data sharing and synthetic data for AI development. However, expected returns on investment will fail to materialize, unless data and analytics leaders modernize existing governance practices.”

Gartner says, “Tackling such challenges at enterprise scale requires governance platform capabilities that can address the diversity and distribution of data and analytics. However, simply hoping for better, safer data and providing the required technologies is not enough.”

Get into the future predicts for data and analytics strategies by Gartner.

Strategic Planning Assumptions : By 2024, 30% of organizations will invest in data and analytics governance platforms, thus increasing the business impact of trusted insights and new efficiencies.

Key Findings: *

  • Digital transformation efforts often face the challenge of overcoming disconnected silos of data and analytics across an enterprise. Without modern governance practices for data and analytics, decision making is more complex, time-consuming and expensive.
  • When data governance and analytics governance is treated as a lean capability, data and analytics leaders are more able to start with business outcomes and then more effectively govern data and analytics assets and decisions across business domains and within central functions.
  • Traditionally, many data management systems have sought to combine governance and management in their design and deployment. With augmented data management, the governance requirements become distributed and dynamic.

Do you want to know the key results from strategic planning assumptions

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* Gartner, Predicts 2021: Data and Analytics Strategies to Govern, Scale and Transform Digital Business, Published 2 December 2020, Saul Judah, Andrew White, Svetlana Siculal, Lydia Cloughuty Jones, Guido De Simoni, Ted Friedman, Mark Beyer, Jorgen Heizenbery, Sally Parker.

* GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S and internationally and is used herein with permission. All rights reserved.