Demand for Data Is Growing, But So Are DataOps Challenges
84 Percent Believe Data Privacy & Security Requirements will Limit Data Access, Hindering Data Initiatives & Business Outcomes
BOSTON – August 11, 2021 – Immuta today announced the findings from a new 451 Research survey that highlights a large gap between data consumers and data suppliers in organizations. According to the survey report commissioned by Immuta from 451 Research, the enterprise technology research unit of S&P Global Market Intelligence, data suppliers are unable to efficiently deliver relevant data to a growing number of data consumers. Over half (55%) of those surveyed report that data is often stale or out-of-date by the time it is consumed or analyzed. Lack of automation and data security challenges are root causes of the friction, and unless resolved, organizations will struggle to be successful with DataOps and cloud migration.
The report also finds privacy, security, and governance challenges to be particularly troublesome, with 84% of respondents reporting that data privacy and security requirements will limit access to data at their organizations over the next 24 months.
“The findings show that as data workflows and processes have become more complex over time – and as organizational demand for data grows – there are clear points of friction in the data supply chain,” said Paige Bartley, Senior Analyst, 451 Research, part of S&P Global Market Intelligence. “Chief among them is data suppliers that have limited resources, skills shortages, and little automation being tasked with trying to deliver a steady stream of relevant data to a growing number of data consumers.”
Supply Chain Challenges:
To better understand the friction in the data supply chain, the survey asked about specific pain points that data suppliers and data consumers face, finding that:
- 55% of all respondents either “somewhat” or “completely” agree that data is often stale or out-of-date by the time it is consumed or analyzed.
- 84% of respondents believe data privacy and security requirements will limit access to data at their organizations over the next 24 months.
- Among data suppliers, 38% report “lack of personnel or skills” and 29% report “not enough automation available” as top pain points.
- 90% of organizations report not having an “optimized” DataOps strategy. While most (85%) say that their strategy is accelerated, emerging, or nascent, few believe they have achieved DataOps maturity.
- For respondents from organizations slower to adopt cloud-based technologies, the top three reported barriers to adoption have to do with security (43%), compliance (40%), and data privacy (35%).
Notably, the report finds that regulation is actually a driver for improvement: organizations subject to data privacy and protection regulations, such as GDPR, are more likely to report having a cloud-first strategy, face fewer challenges with data access and use, are more likely to have a dedicated data engineering team, and more frequently provide self-service analytics programs.
“The disconnect between data suppliers and consumers highlights the pressing challenge for businesses and the public sector to improve speed and access to data,” said Matt Carroll, CEO of Immuta. “The findings make it clear that insights and business value cannot be quickly and easily generated from data unless it can be shared, modeled, and analyzed in a frictionless manner.”
The survey results underscore the growing need for organizations to develop a DataOps strategy that focuses on security and automation to unlock the full potential of data. For organizations looking to address these challenges, the report recommends improvements across the gamut of people, processes, and technology.
“This report validates what our customers have experienced,” added Carroll. “The good news is, by understanding these pain points, organizations can address them and move forward to maximize the value of their data. Investing in automation and scalability removes hurdles to cloud adoption and opens the door for more efficient data access and use to improve business outcomes.”
Read the full report here: DataOps Dilemma: Survey Reveals Gap in Data Workflows, 451 Research, part of S&P Global Market Intelligence.
Join Immuta and 451 Research for a live webinar discussing the report on August 31 at 1 p.m. EST.
About Immuta
Immuta is the market leader in cloud data access control, providing data engineering and operations teams one universal platform to control access to analytical data sets in the cloud. Only Immuta can automate access control for any data, on any cloud service, across all compute infrastructure. Data-driven organizations around the world rely on Immuta to speed time to data, safely share more data with more users, and mitigate the risk of data leaks and breaches. Immuta’s customers include four of the world’s top eight investment banks, one of the world’s largest healthcare and life science companies, major US government agencies, two of the world’s largest manufacturing companies, and dozens of innovative software and technology companies.
Founded in 2015, Immuta is headquartered in Boston, MA. Learn more at www.immuta.com.
Contacts:
Joe Madden: [email protected]
Ryan Schin: [email protected]