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Hard facts and figures are essential to making decisions in a high-performance business.
Data is quickly becoming the lifeblood of an organization, and a valuable enterprise asset. Yet Accenture's ongoing research shows that, in many organizations, reliable information still is not available when and where it is needed. Despite years of investment in information technology, data is not accessible, accurate, complete and secure.
Why has this happened? We believe that, despite all the attention given to information technology, too little focus has been placed on the underlying data itself and the architecture that delivers and manages this vital raw material.
What does it take to achieve excellence in DM&A? To help business leaders understand the scope of their challenge and assess their own situation, Accenture has developed an approach based on two fundamental insights derived from extensive work helping organizations reach for high performance.
The first insight is that people and processes will be more important to a successful DM&A project than the technology investment. Of course, new technology may indeed be part of a solution, but there is currently no single software package or solution available off the shelf. Thus, acquiring necessary new technology will be challenging, as it may require integrating various technology components and tools.
Our second insight is that data management requires a slate of capabilities that span the data lifecycle—a lifecycle that encompasses how data is created, stored, moved, used and retired.
How can Accenture's capabilities framework help organizations achieve high performance in data management and architecture? At the most basic level, the framework can guide organizations toward the solution for their most pressing problems.
The DM&A journey requires a guidebook that is built on the following elements:
September 28, 2010
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