From Compliance To Competitive Advantage: How Modern Data Strategies Are Evolving Globally

In an increasingly regulated world, data's value is rising, and companies must adapt their strategies to not only comply with new regulations but also leverage them as competitive advantages. The European Union's recent initiatives, such as the European Data Act and the forthcoming AI Act, require businesses to share non-personal data, protect trade secrets, and adhere to AI deployment guidelines, setting a precedent for global regulatory trends. To navigate this, organisations are turning to the modern data stack, which includes tools for efficient data ingestion, storage, transformation, and analysis, as well as robust governance and security measures. However, traditional Business Intelligence (BI) tools often fall short in extracting full value due to inefficiencies in data extraction and processing. Cloud-native analytics platforms like Sigma offer a solution by enabling real-time data access without movement, ensuring stronger governance, cost efficiency, and deeper insights. As regulations tighten, businesses must embrace these advanced analytics tools to unlock the full potential of their data and stay ahead in the evolving landscape.