Challenges in Building Data Platforms
Companies are facing challenges in building modern data platforms, despite recognizing the importance of data for business success. A survey by TechTarget's Enterprise Strategy Group highlights that fast decision-making is the primary goal for implementing data strategies. Key challenges include managing increasing data volumes, ensuring data trust, and addressing a skills shortage. Although large companies can invest heavily, smaller firms are catching up with more affordable SaaS models. Multi-cloud and hybrid cloud approaches are popular, but reliance on multiple vendors remains common due to no single vendor offering a complete solution. What is your take on this?馃