Report

Data Sharing Is a Business Necessity to Accelerate Digital Business

In today’s interconnected world, data sharing is no longer just a data management function — it’s a necessity for organizations that want to outperform competitors.

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Still, according to Gartner’s report, “By 2024, most organizations will attempt trust-based data sharing programs, but only 15% will succeed and outperform their peers on most business metrics”. Data and leadership teams that lack the tools, resources, and processes to execute data sharing securely and efficiently are virtually guaranteed to fall behind.

We believe that in this Gartner report, you’ll learn:

  • Why data sharing has become essential to driving digital business operations and outcomes in industries such as government, healthcare, education, retail, and supply chain
  • The reasons nearly 70% of CDOs acknowledge their organizations are not effective at sharing data*
  • How to adopt a 5-step data sharing model within your organization to adjust and improve your organization’s approach to data sharing
  • Best practices for fostering an organizational culture that supports efficient, secure data sharing to drive business results

Gartner, Data Sharing Is a Business Necessity to Accelerate Digital Business, Lydia Clougherty Jones, 3 December 2020 GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and is used herein with permission. All rights reserved.

*Derived from the report: “Organizations know that they need to share data to create value, but acknowledge that they are not very good at it. More than 70% of respondents to a recent survey conducted by the Harvard Business Review acknowledged they were not very effective at data sharing.”