Wednesday, August 22, 2018

Unconnected Data is a Liability


Unconnected Data is a Liability

Data silos mean unconnected data

So, what exactly is a data silo?

Individual information systems handle their own data, rather than drawing from a common data source. This is what is known as a data silo.

They may be connected through a series of file exports and imports, but they aren’t working from the same pool of information. Instead, each of these systems is hoarding its data and putting roadblocks in the way of true data transparency.

Data silos are usually an accident brought about when different departments implement various information systems that meet their specific needs. To them, the system they’ve chosen to use is everything they’ve ever wanted, but that may not be true to the corporation as a whole.

More critically, while these individual systems may provide robust analysis within their own domain, they may miss interesting relationships between seemingly unrelated data points. And because there is inevitably a human gatekeeper determining which key performance indicators are worth exporting and which ones are not, a significant amount of data is simply discarded as not relevant to the discussion at hand, even if it might hold the key to an interesting little relationship that leads to better profitability.

Information is Power!

In an ideal world, there would be transparency in silos, allowing people to see inside each department or channel and enabling people to understand what that part of the organization is working on and reassure them the work is in the best interest of the whole organization. They would also need to be permeable – allowing information to flow in and out, while enabling other groups to leverage the expertise and information best across the entire enterprise and also allowing the silos to better understand their impacts on the organization as a whole.

Concise From | Click Here

Regards

Mr. Pralhad Jadhav  
Master of Library & Information Science (NET Qualified) 
Research Scholar (IGNOU)
Senior Manager @ Knowledge Repository  
Khaitan & Co 
Twitter Handle | @Pralhad161978
Mobile @ 9665911593

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