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Why businesses are failing on information management


"Many organisations are failing to make the most of the data they collect due to a gap between compliance and the data analytics team.

Research conducted by PricewaterhouseCoopers (PwC) in conjunction with Iron Mountain found that only 4% of businesses were confident their organisations were extracting the full value of the data they held.

Worryingly, 36% of the 1,800 businesses surveyed admitted they lacked the tools and skills needed to exploit data. The research report – entitled Seizing the information advantage – described such organisations as ‘uninformed and ill-equipped to exploit their information value’.

The study found that 43% of the senior executives who participated in the survey admitted their organisations obtained little tangible benefit from their information, while 23% said they derived no benefit whatsoever.”


NCC Weekly News Update 29 September 2015 



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