Capgemini has reported that organisations immediately are simpler at embedding information and insights into core enterprise processes.
Its replace of a 2020 examine relies on a survey of 500 enterprise executives and 500 information executives from 500 organisations throughout 12 nations. In 2024, 60% of executives described their decision-making and actioning as data-powered. This represents a ten% enhance in contrast with the 2020 examine.
In keeping with Capgemini, organisations are extra subtle by way of unlocking and quantifying the worth of information and synthetic intelligence (AI). It discovered that some are even monetising it, both by promoting to 3rd events or producing usable insights.
Within the UK, Capgemini reported that within the UK, funding in analytics instruments and platforms has elevated from 64% in 2020 to 81% in 2024. The examine discovered that organisations’ capacity to make use of information to introduce new services and products has elevated from 58% in 2020 to 75% in 2024.
Total, there has additionally been an 8% enhance within the proportion of executives (practically 70%) who describe information as an enterprise asset, in contrast with 2020 (62%). Capgemini mentioned over half (52%) of respondents state that their organisations quantify the worth of information of their accounting methods, in contrast with 22% in 2020. The proportion of respondents who agree that their organisations are monetising information property by means of their services and products in 2024 has additionally gone up (53% in contrast with 43% in 2020).
To help the elevated use of information, Capgemini discovered that organisations have strengthened their foundations round infrastructure, instruments and platforms since 2020.
The replace to the examine exhibits there was a 9% enhance within the adoption of information, enterprise intelligence and analytics within the cloud from 51% in 2020 to 60% in 2024. Capgemini additionally reported that over three-quarters (76%) of executives say their organisations have invested in information analytics instruments in contrast with 54% in 2020. In keeping with Capgemini, there’s a vital development in funding in analytics, instruments and platforms, however a slowing development in cloud adoption for information, enterprise intelligence and analytics.
A senior government at a European financial institution quoted within the report mentioned the modernisation of IT permits companies to handle bigger information volumes, harness unstructured information and speed up AI growth.
“Whereas not essentially cheaper, the modernisation of information know-how permits us to extract extra worth and insights,” they mentioned. “The migration to cloud and adoption of recent information stacks have propelled us into a brand new period of information utilisation.”
Capgemini has predicted that the quantity of information created, captured, copied and consumed globally in 2025 can be practically thrice as a lot as in 2020. It expects that 80‒90% of this information can be unstructured, within the type of movies, emails, photos, HTML content material and social media.
The agency famous that from an IT infrastructure perspective, unstructured information provides to the challenges of integration with structured information and storage-data redundancy.
