14 May 2021 Leveraging legacy approaches for data analytics Ali Nicholl, head of engagement at Iotics looks at the future of data analytics for better-informed business decisions More effective analytics calls for a break down of silos. Enterprises recognise the need to move on from reporting-centric, retrospective business management to real-time decision making. The challenge to achieving the transformation is one of data access and security. Currently, data is hidden in silos, often obscured by legacy technology and fragmented across departments and supply chains. Traditionally, solving this problem focused on centralising information into ever greater data stores, such as data lakes, data caves, data platforms – take your pick. But with the burden of storing vast quantities of data and the complications of transferring and duplicating the data, this isn’t the solution.