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Data Unification and Breaking Down Silos


What is a data silo?

We can describe a “data silo” as a group of data accessible by a particular party or parties in an organization and not easily or entirely accessible by others within the very same organization, similar to how farmers store different types of grain products.

How do data silos form?

As individual departments within organizations such as HR, Finance, and Sales usually require different sets of information to operate, these departments mostly tend to store their data in separate locations, which are usually referred to as “data silos.”

What are the problems caused by expanding data silos?

With the significant growth in the amount and diversity of data assets, data silos are continuously expanding, thereby creating barriers to information sharing and collaboration across departments. In addition, the data of several departments potentially overlap and create inconsistencies and poor data quality overall. Incorrectly structured data silos can potentially cause errors in consolidated figures and prevent real-time data-informed decision-making.

What is the most effective way to break data silos?

The most effective way to break silos is to flow all corporate data into a cloud-based central data repository (such as a data warehouse or data lake) by consolidating all data types and formats and granting different access levels to sustain privacy and security. When appropriately deployed, technology streamlines a data-driven culture. Businesses need a data environment that facilitates collaboration and communication. You can adopt a cloud system to democratize your data.

Author: Gizem Terzi Türkoğlu

Published on: Nov 3, 2022