Investment firms are continuing to reprioritize technology investments to focus on strategic data enablement, with broader aims of relieving pressure on legacy systems, rationalizing costs, responding to evolving customer needs, and addressing risk and compliance requirements. Enterprise data enablement practices and technologies -- a discipline that is strategically important, yet tactically challenging -- are receiving renewed leases of life.

In our recent conversations with chief data offices and data management leaders that we interviewed for this study, more progressive firms are capitalizing on modern data science and cloud-based technologies to further realize the promise of achieving new levels of organizational dexterity, strategically differentiate, and attain more efficient data operations.