Security News > 2021 > August > Demand for data is growing, but so are data supply chain challenges

Demand for data is growing, but so are data supply chain challenges
2021-08-16 04:30

Data suppliers are unable to efficiently deliver relevant data to a growing number of data consumers, according to a 451 Research survey.

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.

"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."

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.

For organizations looking to address data supply chain challenges, the report recommends improvements across the gamut of people, processes, and technology.


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