{"id":7468,"date":"2024-09-10T14:13:00","date_gmt":"2024-09-10T18:13:00","guid":{"rendered":"https:\/\/www.compucom.com\/?p=7468"},"modified":"2024-09-23T11:00:46","modified_gmt":"2024-09-23T15:00:46","slug":"unlocking-datas-potential-3-strategies-that-drive-results","status":"publish","type":"post","link":"https:\/\/www.compucom.com\/unlocking-datas-potential-3-strategies-that-drive-results\/","title":{"rendered":"Unlocking Data’s Potential: 3 Strategies That Drive Results"},"content":{"rendered":"\n
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Emma Mak<\/strong> \u2022\u202fStaff Writer<\/p><\/div>\n<\/div><\/div>\n<\/div><\/div>\n\n\n\n

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Remember when one terabyte seemed massive? Today, it\u2019s not uncommon for an enterprise to deal with petabyte-scale data<\/a>. To give this context, when the original iPod (5GB) was released in 2001, it was advertised as putting \u201c1,000 songs in your pocket.\u201d One Petabyte holds nearly 210 million songs, more than double the entire current Apple Music<\/a> song catalog.<\/p>\n\n\n\n

Not only is this deluge of enterprise data the key to understanding customer preferences and behaviors and multiple other business metrics, but, looking internally, it\u2019s the basis for improving operational efficiency and reducing costs for IT operations.<\/p>\n\n\n\n

The Untapped Potential of Unused IT Infrastructure Data<\/h5>\n\n\n\n

Despite an overwhelming abundance of data<\/a>, many enterprises fail to capitalize on its full potential. The valuable insights into the cause of inefficiencies, potential system failures, and poor digital experience are lost because IT teams don\u2019t have the tools to make sense of the large-scale data generation in real time.<\/p>\n\n\n\n

Reaping the benefits of infrastructure data is akin to panning for gold in an overflowing river. Just as prospectors sifted through tons of sediment to find precious nuggets, IT professionals must filter through vast amounts of data to extract meaningful information. So how can the modern enterprise best do this to realize the true potential of its IT infrastructure?<\/p>\n\n\n\n

Understanding the Data Explosion in Modern IT<\/h5>\n\n\n\n

Today’s IT environments comprise a multitude of devices, applications, and systems that generate an incessant flow of data. The nature of the data varies, including structured data stored in relational databases or spreadsheets, semi-structured data from NoSQL databases, XML, or JSON files, and unstructured data such as sensor data, log files, and time-series data.<\/p>\n\n\n\n

Think of the vastness and complexity of daily data from your company\u2019s alerts, traces, logs, and user interactions. For IT teams, this data explosion can quickly become overwhelming. They can struggle to understand the overall health of systems and where they should focus their troubleshooting and optimization efforts.<\/p>\n\n\n\n

The Challenge of Data Silos: Fragmentation and Lack of Integration<\/h5>\n\n\n\n

A significant obstacle to leveraging enterprise data is the prevalence of data silos, fragmenting information across different systems and departments. Isolated pockets of information hinder collaboration and comprehensive analysis and prevent a holistic view of the organization’s data landscape. Integrating data from disparate sources to derive actionable insights often requires significant effort and resources, delaying decision-making processes.<\/p>\n\n\n\n

Strategies for Unlocking Data’s Potential<\/h5>\n\n\n\n

A frequent analogy for data produced by the modern enterprise is to call it the new oil. It\u2019s apt in that data can be precious, powerful, and pivotal to driving business success. But, as the 2020s have introduced new complexities and risks associated with data management, and enterprise data is expanding at a compound annual growth rate (CAGR) of 28%<\/a>, a comparison to radioactive substances<\/a> might be closer to the mark.<\/p>\n\n\n\n

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“Much like radioactive substances, data holds immense potential for creating positive change and innovation. However, it also carries inherent risks that must be carefully managed.”<\/p>\nInsideAINews.com<\/a><\/strong><\/cite><\/blockquote>\n\n\n\n

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To overcome these challenges and harness the true power of their data, enterprises must adopt a strategic approach. Here are some actionable strategies:<\/p>\n\n\n\n

1. Implement Data Governance<\/strong><\/p>\n\n\n\n

Effective data governance policies ensure data is accurate, consistent, and secure. Establishing clear protocols for data collection, storage, and usage can mitigate risks and enhance trust in the data.<\/p>\n\n\n\n

2. Invest in Scalable Infrastructure<\/strong><\/p>\n\n\n\n

Scalable infrastructure solutions, such as cloud-based platforms, offer the flexibility needed to manage growing data volumes. These solutions can adapt to changing demands, ensuring that enterprises can handle data efficiently and cost-effectively.<\/p>\n\n\n\n

3. Leverage Advanced Analytics<\/strong><\/p>\n\n\n\n

Advanced analytics tools powered by Artificial Intelligence (AI) and Machine Learning (ML) can sift through vast amounts of data to identify patterns, trends, and anomalies. These insights can inform proactive decision-making and predictive maintenance.<\/p>\n\n\n\n

Compucom’s Full Lifecycle Observability <\/h5>\n\n\n\n

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“Observability\u202fis the ability to understand what is happening inside a system based on the external data released by that system. Observability requires that actionable data from multiple sources is appropriately connected, optimized and enhanced for context.”<\/p>\nGartner<\/a><\/strong><\/cite><\/blockquote>\n\n\n\n

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At Compucom, we know that providing observability as part of our services delivers true value for our customers. The Full Lifecycle Observability (FLO) framework underpins all our services and provides real-time visibility to all IT and business leaders through a variety of metrics that matter most to their business. It includes a technology stack that provides AI-generated insights and recommendations visualized in a dashboard. By integrating advanced tools with your IT infrastructure and workplace technologies, we can provide a consolidated view of all the data in real time and transform the deluge of data into actionable insights.  <\/p>\n\n\n\n

The FLO framework combines AI for IT Operations (AIOps)<\/a> and Digital Experience Management<\/a> to offer three overall benefits for companies by helping them:  <\/p>\n\n\n\n