Achieving Data Interoperability
Read this eBook to see how Precisely helps businesses manage and organize data and bring greater location context to their analysis to answer the biggest challenges around data.
The ultimate guide for leveraging location to connect and add value to your data to achieve data interoperability
The World Economic Forum estimates there were 44 zettabytes of data collected in 2020. That’s 1,000,000,000,000,000,000,000 bytes of data, which is 40 times more bytes in the digital universe than there are stars in the observable universe. If knowledge is power, imagine the potential in those bytes. However, just because data is everywhere doesn’t mean it’s easy to use. For businesses, the challenge is linking data, connecting it to where the market wants to go, and making it useable within the applications they’re using.
To survive, compete, and thrive in the modern business landscape, businesses must be able to harness the growing utility of data. However, acquiring, integrating, storing, processing, and using the explosion of data is an ever-growing challenge. Fragmented data and systems, a mix of specialists and business users, and different environments are among the obstacles to sharing, integrating, and working with the enormous wealth of data in the digital age. What’s more, there an urgency to tap the potential value of existing data. Data interoperability is the key to harnessing the transformative power of data.