Data silos evolved from a system-centric IT procurement policy and an almost reflexive reliance on relational database technology.
By 2016, Chow hopes that GoldenSource will have assisted the majority of firms to break down data silos in a potential billion dollar market.
The Big Data challenge requires aggregating the data across these silos for a single view of the organization.
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Assign a Data Tsar to tear down organizational silos and drive cross-functional data usage.
The major trend he has seen recently is an effort to pull together silos of data into a single data warehouse with feeds from all their different systems to run analytics across all the assets under management.
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Taking data from across many different silos is where the opportunity is.
The far-reaching nature of big data analytics projects can have uncomfortable aspects: data must be broken out of silos in order to be mined, and the organization must learn how to communicate and interpet the results of analysis.
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So, parking big data in a new repository to remove these silos is a good thing.
This has resulted in enterprise-related data being disrupted into disconnected pieces across the silos.
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Today, our personal data is fragmented, residing in different Web silos.
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Traditionally business silos have individually sorted, stored and managed data that is relevant to the needs within the silo.
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So, in one fell swoop, this story underscores two of my favorite themes: the enormous potential of big data analytics and the critical importance of tearing down corporate silos.
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What happens in many cases is new silos are created, and IT managers have difficulties bringing these applications and data together.
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With new VRM tools, you will be able to work not only across many silos at once but to improve them by making connections and providing useful data they wouldn't get on their own.
Barbara Hurst of Audit Scotland acknowledged good planning was essential but noted: "the data to underpin modelling is not good enough", and there was a need to break out of silos in planning: "It is not just about looking at the social care budget in isolation from the health budget and the housing budget".
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