In recent years, a series of global shocks — from the COVID-19 pandemic to geopolitical tensions like the Russia-Ukraine conflict — has disrupted industries worldwide, including healthcare, technology, retail, and manufacturing. These disruptions have propelled businesses into initiating or accelerating digital transformation efforts aimed at bolstering supply chain resilience. Such transformations can take considerable time before outcomes can be realized. Still, businesses are compelled to reevaluate their operational strategies and embrace digital adaptability to navigate and thrive amidst future disruptions.
COOs, CFOs, and other leaders face the monumental task of steering their organizations through the turbulent waters of digital transformation. The key to not just surviving but thriving in this era hinges on a business’s ability to make agile, informed decisions based on comprehensive, up-to-date data. Often, the fear that data may not be accurate, complete, or timely impedes them from making bold decisions. To overcome this, they need access to reliable sources of data to back their strategies and be fearless with data. This is where the transformative capabilities of data fabric comes into play to enhance operational efficiency, agility, and resilience.
Read more in https://www.datamanagementblog.com. Originally published on March 20, 2024.
