Since the launch of Copilot, there has been no talk of anything else. However, there is another essential player on the AI board: data. Our Data and AI experts have identified 3 alarming signs that all organizations should take into account to know if they are putting the value of their data and, consequently, the security of the business at risk. Do you recognize any of them in your company?
Think about how much information your company generates: financial data, customer data, employee data…. The list could be (almost) endless. The value of this data is probably no longer news to you. In fact, many organizations have already begun to manage their data effectively in order to move from chaos to order and take advantage of its full potential. Or so they think. If you recognize any of these signs that put the value of your company’s data at risk, we’ll tell you how to solve them at the end of this article.
1. You do not manage the entire lifecycle of your data in a comprehensive manner.
To extract the maximum value from data, it must go through different phases from storage, transformation and enrichment to visualization. One of the main warning signs we have identified in companies is having multiple tools and technologies from different vendors that are not natively integrated with each other. This undoubtedly puts the value of your data at risk because it will not allow you to obtain the best results due to two fundamental reasons:
- You are going to deal with more complexity: Not only technological integration but also specialist knowledge to be able to operate with the different systems.
- You will not have a scalable model: Data generation in companies is increasing. You will have more and more data to manage, in dispersed systems and, consequently, a greater volume of data that requires prior processing to be useful. For this reason, the dispersion of tools makes it difficult to have a scalable model.
2. You are not taking advantage of the synergy between data and AI.
In the current context, another indication that they are not taking full advantage of the potential of your data, and therefore putting its value at risk, is if you have not started preparing to take advantage of artificial intelligence. The synergy between data and artificial intelligence is critical.
- Data is essential to effectively take advantage of generative AI: As we said at the beginning, since the launch of Copilot there has been no talk of anything else because its potential to improve people’s productivity, efficiency and creativity is (almost) limitless. But if you want to get the most out of it, your data must be well labeled, accessible and properly protected.
- Artificial intelligence enables advanced analytics: Obtaining information days, weeks or months after the fact is a model that has become obsolete for ambitious companies that really want to get the most out of their data. Combining the capabilities of artificial intelligence with the potential of data enables advanced analytics – such as being able to predict future events, or even obtain recommended actions to obtain desired results – for deeper, more accurate and actionable insights, as well as better, more informed, earlier and therefore more strategic decisions.
3. You do not have your data properly classified and protected.
Cybersecurity is a priority for organizations, especially now in a context marked by AI-powered cyberattacks, which are more sophisticated and dangerous than ever, and by cybersecurity regulations. Therefore, not adequately protecting your corporate data and information is a clear indication of risk.
- You risk suffering a leak and/or leakage of confidential information or information of great strategic value for the company: It is essential to have a good information architecture with the appropriate permissions and a correct classification and labeling of sensitive content, such as confidential documents, to prevent access to unauthorized information and/or information leakage. In addition to having the necessary protection and response measures in case of an incident.
- You expose yourself to fines and financial penalties for not complying with the security measures required by cybersecurity regulations such as the new European cybersecurity law, NIS2; the DORA regulation; or the well-known GDPR, among others.
How to get the most value from your data
It’s not an easy task. This is where technology and expertise make the difference between getting ahead or falling behind. Microsoft Fabric is the most complete data and analytics platform to get the most out of your data:
- It allows you to manage in a unified way the entire lifecycle of your data because it integrates different services and solutions for each of the phases, from ingest, processing, storage, to analysis and visualization.
- It makes it easy and simple to incorporate artificial intelligence by integrating seamlessly with Azure AI and including its own Copilot for Power BI.
- Fabric is fully integrated with Microsoft’s security and compliance suite, which facilitates the implementation of information protection measures at rest and in transit, helping organizations comply with current regulations such as the NIS2 Act.
In Softeng, we accompany and advise you on the way to discover the true value of your data with a team of experts and the best technology. Let’s talk!