Blog of the Week: Creating a mature data culture
Let’s talk about data maturity.
In the general sense, maturity is the state of being fully developed.
At Collibra, we define data intelligence maturity as:
- The ability for your organization to leverage data to make informed business decisions
- The degree to which your organization has adopted and implemented the technologies, processes, and policies required to manage your data on demand and at scale
According to the 2022 Data Intelligence Index, nearly 7 out of 10 professionals believe data intelligence is crucial to making informed business decisions and driving better business outcomes.
The significance of data intelligence maturity to the bottom line is evident in its effects. In fact, the top three business outcomes seen by respondents from highly mature data cultures include:
- Industry innovation
- Adherence to regulatory compliance requirements
- Faster time-to-market for new products and services
Data maturity is a critical dimension of enterprise success. The same IDC study showed that data intelligence maturity drives 3X better business outcomes.
The demand for data maturity
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