Organisations With Robust Open Source Data Stack Are Twice As Likely To Drive At Least 20 Per Cent Of Revenue Withe Data And Analytics: Datastax

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  • Open source software plays an important role in the success of these leading organisations
  • Data leaders make the most out of the cloud while preserving flexibility with 97 per cent of respondents are building a hybrid data structure, with two-thirds feeling this “strongly” describes the organisation’s direction

The leading data-driven enterprises are leaning into open source software (OSS) — they are four times more likely to have deployed Apache Cassandra, Kubernetes, along with a combination of other select open source tools, with 71 per cent of data leaders believing a robust OSS data stack gives them a big competitive advantage as per DataStax “The State of the Data Race 2021”. Consistent with making the most of the cloud while preserving flexibility, nearly all (97 per cent) are building a hybrid data infrastructure.

The report added that while nearly all-96 per cent of respondents indicated that they have some level of a data strategy, only 38 per cent of enterprises gave themselves the top grades when it comes to using data to create value for customers.

“Organisations undoubtedly understand the importance of data, but according to our research, many of them are still looking for ways to transform into truly data-driven enterprises. Those that already have — are winning,” explains Bryan Kirschner, vice president of strategy for DataStax. “Organisations that make smart investments in the right data stack, open source technologies and hybrid cloud have the opportunity to change their trajectory and find new paths to innovation and revenue growth.”

Make the most out of the cloud while preserving flexibility with 97 per cent of respondents are building a hybrid data structure

The report said that open source software plays an important role in the success of these leading organisations with leading organisations are 4x more likely to have deployed Apache Cassandra, Kubernetes, and two of the following open source tools: Apache Spark, Apache Pulsar, Apache Kafka, and Elasticsearch. Organisations that have a robust open source data stack are twice as likely to drive at least 20 per cent of revenue with data and analytics.

Data leaders make the most out of the cloud while preserving flexibility with 97 per cent of respondents are building a hybrid data structure, with two-thirds feeling this “strongly” describes the organisation’s direction.

It also added that modernised data infrastructure provides a competitive advantage with 71 per cent of the leaders confirmed this to be true, with more than half of those respondents characterizing it as a “big advantage.”Successful data-driven organizations have assigned accountability for data governance to business leaders: Assigning line of business accountability for data governance and aligning tech infrastructure to data strategy triples the chances that a company drives at least 20% of revenue with data and analytics.

COVID-19 has driven positive change at an overwhelming majority of the top organizations: Nearly nine out of 10 (88 per cent) of leading companies agreed that adapting to the new market realities caused by the pandemic has increased their pace of innovation.
DataStax in partnership with ClearPath Strategies surveyed 515 executives and technical practitioners in US-based organizations spanning a variety of industries. Two-thirds of their organizations had more than 1,000 employees, and none had fewer than 100. The survey’s design and findings reflect months of qualitative research and organic conversations. These findings also include interviews of executives recruited on the basis of how well their organization matched the segments after our analysis was complete.

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