Challenges in Building Data Platforms · Data Innovators Exchange

Challenges in Building Data Platforms

Companies are facing challenges in building modern data platforms, despite recognizing the importance of data for business success. A survey by TechTarget's Enterprise Strategy Group highlights that fast decision-making is the primary goal for implementing data strategies. Key challenges include managing increasing data volumes, ensuring data trust, and addressing a skills shortage. Although large companies can invest heavily, smaller firms are catching up with more affordable SaaS models. Multi-cloud and hybrid cloud approaches are popular, but reliance on multiple vendors remains common due to no single vendor offering a complete solution.

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