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Data Utilization and Optimization in the Financial Industry Across the Globe

Data Utilization and Optimization in the Financial Industry Across the Globe

Cloudera
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Financial organizations globally use data and analytics primarily to enhance customer experience, with 66% of SDMs and 52% of ITDMs actively doing so. Despite this, $80,445 is lost annually to missed data opportunities. While 78% of ITDMs and 86% of SDMs have data strategies, 98% still face challenges. Real-time insights and hybrid architectures are seen as critical by over 90%, with most prioritizing secure, centralized governance to manage data effectively across hybrid environments.

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