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97% Of Data Leaders Have Multiple BI And Reporting Apps
Datamation, November 8th, 2021
November 21, 2021,
Volume 284, Issue 3

A new report on data sprawl shows that nearly every data leader is using multiple business intelligence (BI) and reporting apps.

The report, 'The State of Data and High Costs of Data Sprawl' by Hakkoda, indicates that data sprawl is a compounding and costly issue and likely to worsen with today's proliferation of tools and scarcity of talent, according to the company.

Hakkoda, a cloud data company specializing in Snowflake, released the report last week.

'According to McKinsey data, a mid-sized company with $5 billion of operating costs might spend $250 million on data management,' said Ha Hoang, co-founder and chief operating officer of Hakkoda.

'Those are just the hard costs. When you factor in the impact of inefficient and duplicate processes, bad data and the inability to innovate - which this research shows are fundamental issues - the business costs are much greater.'

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