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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