Data strategy

In finance, manufacturing and healthcare, decision makers are mainly motivated for digital transformation by the need to increase operational efficiency, Fujitsu finds.

Since CEOs are now at least asking about digital transformation, and every technology vendor now claims expertise in digital transformation, it’s time to burst a few of the myths surrounding digital transformation.

Open-source products are increasingly important for data management, although not all offerings are growing at the same rate.

Many organizations are challenged at how to best establish a successful governance strategy around their master data management efforts. It starts with the right individuals and attitude.

Nearly half of firms recently surveyed struggle to identify between data truths and manipulations. This indicates an urgent need to upskill and support workers, the report said.

Those organizations that have been unable to build scalable systems need governance the most, and are the least able to achieve it, says William McKnight.

The future is coming faster than expected, due to trends like Mecalfe's Law and Bezos's Law that are picking up speed just as Moore’s Law reaches its limitations.

Survey finds 62% of those ages 18 to 34 would let carriers use third-party data from social, fitness apps and smart-home devices to lower prices

A concurrent percentage have in place a management initiative or transformation program to make their business more digital.

It may seem daunting for carriers to navigate all the advancements happening in technology, but there are key items to keep in mind, says EY's Sophie Yen.