The True Cost of Data Silos

Data silos are collections of data held by one section of a company but not readily available to other departments, often due to an individualist mindset and technological challenges. This leads to bottlenecks, hindered decision-making, and affects the bottom line. The cost of data redundancy is also significant, with duplicate data and discrepancies causing standardization and compliance issues. As a result, businesses can lose valuable time and resources that could be used elsewhere. However, using a data connectivity platform like CData can help organizations eliminate data silos, resulting in organization-wide cost efficiency and improved productivity. By bridging disparate data sources and digital workflow tools, businesses can demolish data silos and improve business outcomes for all.