They say data is the new oil. But just like oil, data is worth much more when it’s refined than when it's in its raw state. In fact, raw data isn’t all that valuable. It’s only when that data is correlated against other data that valuable insights gets created. The challenge IT organizations face is they need to move data from one place to another to refine it and get those types of insights.
The IT industry is on the cusp of a unique moment in time when many organizations have come to understand the potential value of their data. The trouble is most of them have limited ability when it comes to turning their data into actionable intelligence.