NEWS
Matillion study highlights business cost of outdated data management
comes at an annual price tag of up to US $ 43.5 million . The survey of 450 data decision-makers and data team members across the US and UK found that data teams report spending 57 % of their time , on average , on data migration and maintenance .
This is in addition to depriving data teams of time and labour that could be spent on strategic and analytical work .
“ Despite the acceleration of Digital Transformation over the past 18 months and high volume of data entering the enterprise , the survey results reveal that data integration practices remain outdated and primitive – creating tension among data teams and leaders and information gaps across the enterprise ,” said Matthew Scullion , CEO of Matillion .
New research has revealed that 75 % of data teams believe that outdated migration and maintenance processes are costing their organisations time , productivity and money .
The research , conducted on behalf of Matillion by independent research firm , Vanson Bourne , suggests this problem potentially
“ In order to harness the power of data as a strategic asset , organisations need to reduce the time spent on manually refining , migrating and integrating data and the maintenance of those integration tasks .
“ It ’ s critical for leaders to unburden data teams , increase their productivity and widen the profile of users able to make data useful . Only in this way will they be able to respond to their businesses with the speed and agility they require and demand .”
Prysmian Group welcomes EC decision on optical fibre cables
Prysmian Group , a leader in the energy and telecom cable systems industry , has welcomed the European Commission ’ s decision to impose anti-dumping duties on imports of optical fibre cables from China .
The European Commission has imposed anti-dumping duties ranging between 19.7 % and 44 % on imports of optical fibre cables from China .
The Commission says the strongly subsidised Chinese optical fibre cable industry has benefitted from an unfair competitive advantage , allowing it to increase exports to the EU at heavily undercut prices during recent years .
Philippe Vanhille , EVP Telecom Division at Prysmian Group , said : “ We welcome the European Commission ’ s decision and it is reassuring to see that Europe is able to strongly act against unfair practices . Fair competition must be ensured in the interest of our customers and stakeholders , to guarantee a sustainable availability of quality components for the construction of the European optical infrastructure .”
The Prysmian Group is strongly focused on the quality needed to deploy a truly future-proof telecom infrastructure that can keep up with new technologies . Protecting its products with patents and trademarks is therefore a key part of the Group ’ s activities and legal initiatives are being taken as a necessary part of a broader action plan to safeguard the efforts made in research and development .
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