ADVERTISEMENT
TechEconomy
Monday, June 2, 2025
No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » Defying Data Barriers: How IT and Value Define the Business

Defying Data Barriers: How IT and Value Define the Business

Dr Karen Luyt, Expert Solution Architect: Business and Digital Advisory, and Stefan Steffen, Executive: Data Insights and Intelligence, at BCX unpack the challenges facing the digital C-Suite when it comes to extracting and proving the value of data

Techeconomy by Techeconomy
July 17, 2024
in DisruptiveTECH
0
Data barriers
Overcoming Data barriers

Overcoming Data barriers

RelatedPosts

Microsoft to Invest $400 Million in Swiss Data Centre Expansion for AI, Cloud Growth

Microsoft to Invest $400 Million in Swiss Data Centre Expansion for AI, Cloud Growth

June 2, 2025

FG Launches New HND Courses in AI, Cybersecurity, and Software Engineering

May 29, 2025

The digital C-Suite – Chief Information Officer, Chief Data Officer, Chief Analytics Officer – has to solve for the business.

Every investment, technology and methodology is defined by the value they deliver to the organisation and its bottom line.

Data Barriers by Dr Karen Luyt
Advertisements
MTN ADS
Dr Karen Luyt, Expert Solution Architect: Business and Digital Advisory, BCX
Stefan Steffen BCX
Stefan Steffen, Executive: Data Insights and Intelligence, BCX

As Harvard Business Review puts it – these roles are tenuous and set up for failure because they were originally defensive, focusing on control and risk and not on business value. It was not a role that would deliver the commoditisation of the data that the organisation wanted.

This is reflected in data released in the Data and Analytics Leadership Annual Survey 2023 – the CDO role grew from 12% to 82.6% from 2012 to 2023 and yet only 35.5% of companies believe the role is successful and only 40.5% say that the role is understood within the business.

It was a sentiment echoed at the Gartner Data and Analytics Summit 2023 where less than half of data and analytics leaders (44%) believed their teams delivered value to the business with limited funding (13%), resource limitations (29%) and talent (39%) proving the biggest obstacles to success.

Technical leaders need to find ways of working with the data and the technology to ensure it is oriented more closely to the business.

The business hat, so to speak, must be firmly on the digital C-suite’s head when looking at how they can optimise data, analytics, and systems to support every unit within the organisation.

HR, finance, supply chain, marketing – every unit requires a slice of the digital insights pie to ensure they too are optimising for success.

Value is the bridge between IT and the business. Now, CDOs, CIOs and CAOs must reimagine their architectures and approaches to ensure this value is found throughout their digital transformation and investment strategies. However, there are challenges.

The first is the impact of the cloud. Often perceived as an extension of the data centre, the cloud is a risk factor. Digital leaders need to understand the impact of having data in private and public areas while deftly navigating the challenges of linking and managing the data seamlessly between different cloud implementations.

This is further complicated by data security, change management and data sovereignty. Teams are struggling with vast quantities of data that’s not linked or is duplicated and their data governance is still in progress.

This is a complex landscape to navigate and manage, made even more challenging thanks to limited skills availability. There are not enough people with the expertise and training to get the value from the data.

Teams need to align the business roadmap with the technology investment to ensure the value created aligns with expectations.

This should be further balanced with a focus on improving processes to ensure that the business can better leverage the data through analytics tools or AI capabilities.

In addition, there is value in focusing on storage solutions that reduce the cost and complexities associated with vast quantities of data – instead, using tools that refine governance while increasing value and accessibility. These tools must help teams reduce data duplication, improve movement, and optimise costs.

BCX has developed an agile stable of data and analytics tools and capabilities designed to clean, refine, and manage the data for the organisation.

This high-level expertise translates into providing data-as-a-service capabilities with teams that have exceptional skills and a deep understanding of the challenges faced by the digital C-suite.

It’s the support that goes into the granular with any organisation, allowing for the business and the teams to create a data culture on a strong foundation of data literacy and visibility.

The BCX skillset and technology repertoire ensures the organisation can effectively build data value with the right levels of scalability and with AI, machine learning and intelligent toolsets optimising processes and streamlining data capability.

[Featured Image Credit]

Loading

Author

  • Techeconomy
    Techeconomy

    View all posts
0Shares
Tags: BCXData barriersFinanceHRMarketingSupply Chain
Previous Post

Endeavor Global CEO Visits Nigeria, Highlighting Commitment to Tech Innovation, Entrepreneurship

Next Post

Henry Naiho Bags ABoICT Outstanding ICT Solutions, Innovation and Youth Empowerment Personality of the Year Award

Techeconomy

Techeconomy

Related Posts

Microsoft to Invest $400 Million in Swiss Data Centre Expansion for AI, Cloud Growth
DisruptiveTECH

Microsoft to Invest $400 Million in Swiss Data Centre Expansion for AI, Cloud Growth

by Joan Aimuengheuwa
June 2, 2025
0

The investment was announced during a meeting in Bern between Microsoft Vice Chair and President Brad Smith and Swiss Federal...

Read more
FG Launches New HND Courses in AI, Cybersecurity, and Software Engineering

FG Launches New HND Courses in AI, Cybersecurity, and Software Engineering

May 29, 2025
Nvidia Projects $8bn Revenue Loss as US Restrictions Block AI Chip Sales to China

Nvidia Projects $8bn Revenue Loss as U.S. Restrictions Block AI Chip Sales to China

May 29, 2025
Xiaomi Posts $15.5bn Revenue, $1.5bn Profit in Q1 as EV Sales Top 258,000 Units

Xiaomi Posts $15.5bn Revenue, $1.5bn Profit in Q1 as EV Sales Top 258,000 Units

May 27, 2025
Nvidia Faces $5.5 Billion Setback from U.S. Chip Ban on China

Nvidia Eyes New Markets After $5.5bn China Chip Ban Loss

May 27, 2025
OpenAI Brings Former Apple Design Chief Jony Ive Onboard

OpenAI Brings Former Apple Design Chief Jony Ive Onboard

May 22, 2025
Next Post
Henry Nwapali Ndidi Award

Henry Naiho Bags ABoICT Outstanding ICT Solutions, Innovation and Youth Empowerment Personality of the Year Award

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

TECH TALK EPISODE 2
byTecheconomy

PRODUCTIVITY AND WORK-Life Balance

TECH TALK EPISODE 2
TECH TALK EPISODE 2
May 22, 2025
Techeconomy
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

Translate »
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.