September 13, 2024 at 02:13PM
The “Real Value of Technology Connectivity” report by TeamViewer highlights global concerns about internal data trustworthiness. Lack of data literacy in smaller organizations, connectivity gaps, and cybersecurity concerns hinder seamless technology integration. Mei Dent emphasizes the need for seamless integration to fully harness augmented reality and artificial intelligence benefits. The research surveyed 500 business leaders in six countries, revealing insights on the impact of connectivity on business performance.
Based on the meeting notes, the key takeaways are:
1. Concerns about trustworthiness of internal data exist in nearly all organizations, with reasons cited including conflicting data management practices, multiple versions of the truth, and poor hardware reliability.
2. Lack of data literacy is more common in smaller organizations, impacting their trust in internal data.
3. Only 5% of business leaders believe they have seamless technology connectivity across their organizations, indicating a significant opportunity to improve connectivity.
4. Seamless technology connectivity could help organizations in various aspects, including customer interactions, innovation, decision making, and talent retention.
5. Excellent technology connectivity correlates with industry leadership and cyber defense, offering a competitive edge and bolstering operational performance.
6. Fragmented systems may blunt competitive advantage, emphasizing the need for seamless integration and harmonization of data.
7. Organizations with connectivity gaps are hindered by differences between departments, inability to show ROI of tech connectivity, and cybersecurity concerns.
8. Seamless connectivity can empower businesses, impact growth, and revenue, while also attracting and retaining the best talent.
These insights provide a comprehensive understanding of the challenges and opportunities related to technology connectivity and data trust in organizations, highlighting the potential for improvements in connectivity to drive business success.