McKinsey warns that, to become a data-driven organization, you must modernize the IT estate with a cloud data warehouse, an open data lake and a real-time analytics platform. Let’s look at the recent top 3 data architectural shifts and approach them from that perspective:The Cloud Data Warehouse: there used to be a time when IT departments embarked on multi-year journeys to centralize all of their company’s data into one place they called the data warehouse. The cost of storing, securing and maintaining data on-premises led IT departments to limit the amount of data that was stored in the data warehouse - a decision counterproductive to their initial goal. Again, the cloud data warehouse economics make this option a lot more affordable. To avoid making the wrong data decisions, don’t just start with technology, start with your people.

Source: Forbes February 21, 2021 06:33 UTC