New report shows only 1/3 of companies confident managing data

A new report published by Oracle shows that on average, less than 40% of companies in Europe, the Middle East and Africa (EMEA) are confident they can master their data – that is to manage, secure and gain insight from data, and use it responsibly.

 

Key findings:

  • On average 42% of respondents do not have a data management strategy in place
  • Only 4 in 10 are highly confident in their ability to manage, secure data and use their data responsibly
  • Only 35% are highly confident they can manage data to generate meaningful insights
  • Key departments are still not accepting both accountability and responsibility for data management
  • Data security protocols are often not understood, or abided by

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