The irony of accelerating digital transformation is that for most businesses, it will actually worsen technical debt rather than improve it (Forrester, 2021). For CIOs, addressing technical debt is a persistent and pervasive problem that is gaining momentum, not subsiding. And at the sharp end of this problem is growing data complexity.
Indeed, the data fabric of an organisation can be clearly linked to overall business performance. The Global CDO Study (IDC, 2022) revealed that those with a high level of data maturity generate 250% more business value from their data. A strategic approach to reducing data complexity and maximising business value is essential for medium term performance.
As a group of CIO/CDOs of large-scale organisation, how can we build a strategic fabric for our data needs now and in the future? Join us as we debate this topic and expand on insights from interviews with CIOs and CDOs like you.