In 2021, data-driven leaders will be reassessing their data management strategies due to the evolving technology environment. Organizations will prioritize investments in scalable data platforms to effectively secure, govern, and analyze data across business functions through a single unified platform. These platforms will provide greater control over and allow seamless access to their data, irrespective of where it resides, ultimately helping them gain valuable insights and make better business decisions.

Organizations are able to obtain a competitive edge by building expertise in data management to fuel their business strategy. New tools and technologies based on artificial intelligence (AI) and machine learning (ML) are continuously being introduced to handle the ever-evolving complexities like data diversity and disparity across environments.

Another gradual evolution in data management is the blurring line between IT and business responsibilities; organizations are no longer limited by functional boundaries, enabling enterprise-wide data collaboration and empowering stakeholders across the organization with the right data at the right time.

Let's dig deeper into the trends that are likely to emerge in the data management space in 2021.