A company's biggest asset is its data
They rely on the data stored on their information systems to make strategic decisions and embrace the technological and economic developments of the 21st century. Clearly they need to keep their information safe to protect its value. But they also need to know how to manage it wisely and efficiently to ensure the continuity of their operations and safeguard the future of the business.
Managing and using corporate information
Companies collect as much data as they can about their markets, their competitors, etc. by constantly tracking strategic, economic, regulatory, technological, reputational and financial developments. This data then needs to be analysed to extract essential information that companies can use and act upon.
With the explosion in the quantity of digital data available and constant progress in information and communications technologies, it’s more important than ever for companies to know how to manage and use their data to extract the essential information efficiently. They need to look at huge quantities of data and identify what should be collected, analysed, shared and exploited further.
Once they have the essential information and understand what it means, companies use it to make strategic decisions and, ideally, to improve their position in the market.
Protecting corporate data
Every company needs to protect its strategic business data. Cybercriminals know how valuable it is, and hackers of all kinds are constantly looking for ways to get their hands on it and use it for malicious purposes.
The use of mobile devices and cloud computing can further compound the risks facing enterprise information systems. As cyberattacks become more targeted, more sophisticated and more persistent, companies need clear security policies that ensure the protection and resilience of their information systems, keep their strategic data safe and guarantee the continuity of their business operations.
Information is the lifeblood of modern business, helping companies to make the right decisions at the right time. But companies can only make optimal use of their information if it is analysed properly, protected effectively and shared wisely.
For more information on data storage and management, visit https://www.thalesgroup.com/en/worldwide/big-data/big-data
For more information on data security, visit https://www.thalesgroup.com/en/worldwide/critical-information-systems-and-cybersecurity