The June 2024 IDC white paper, sponsored by Splunk, highlights the critical need for federated data management and search to enhance digital resilience, optimize operations, and gain competitive advantage. With cybersecurity complexity rising, organizations are shifting from reactive to proactive, insights-driven strategies. IDC’s December 2023 survey reveals that 65% of organizations experienced ransomware attacks within 12 months, and 40% of those paid ransoms. This underscores the urgency for integrated data management solutions that enable comprehensive visibility, faster threat detection, and improved decision-making to safeguard business continuity and maximize ROI on AI investments.

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