One of the burgeoning challenges for CIOs is the proliferation of data. Not only is data doubling every two years, it is also providing businesses with a tremendous amount of insights regarding their operations and customers, so the onus is on the IT function to ensure this value is derived.
But is the IT function ready for this kind of management and execution challenge?
“You have new sources of data coming from everywhere and you have to consider: how do I drive productivity throughout whole-of-business via data assets? How long do I retain it? Where do I keep it? What is the business value to manage that data?” Asked Commvault’s Brett Chase, Regional Vice President of Technical Services for APJ.
These provocative questions were part of Chase’s opening statements at the latest installment of Commvault and OmniChannel Media’s Executive Luncheon Series entitled: “Building Data as a Strategic Asset”.
Held in Perth, the event was an opportunity for some of Western Australia’s leading CIOs to connect and explore the impact data management is having on business operations, as well as highlight the power using data as a strategic asset can have within an organisation.
On hand to provide opening remarks was David Dans, Chief Information Officer at Landgate WA. The roundtable discussion was moderated by OmniChannel Media’s Editorial Director Matthew Egan, with Chase also assisting in facilitating the discussion.