What Is a Single Source of Truth (SSOT)? | Vista Projects
It’s impossible to ignore the influence of big data on businesses.
According to Forbes, 53% of companies use big data to inform their policies, goals, and decisions. Data is one of the most valuable resources your company or industry has when overcoming challenges.
However, a common issue is having a proper method to organize the data in a way that people can easily access and update without worrying about formatting or version control. To give an idea of the volume of data collected these days, exponential growth in data production over the last two years amounts to 90% of the data ever made.
Opportunities to collect data are truly everywhere! And managing it can be daunting.