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What Are the Benefits of Open Access to Data?

Modern data platforms have many benefits for businesses. Here’s what IT leaders should

know:


Improved decision-making: By empowering all employees to become data analysts, they can make informed decisions rather than relying on guesswork.

Mangesh Pimpalkhare, vice president of product management at Splunk, says open access to data “can empower decision-makers at any level by giving them access to richer business context so they can make more effective and strategic decisions in real time.”


Faster insights: With self-service analytics tools, people can analyze their own data.


Greater efficiency: Modern data platforms can automatically detect anomalies, enabling employees to “respond faster in the event of an unforeseen incident,” Pimpalkhare notes.


Cost savings: By reducing the number of data scientists they need, organizations can save on labor costs.






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