BusinessSecurity

5 Reasons to Not Keep Your Data Locked in Dashboards

Data is really important when it comes to being able to ensure that your company thrives. As the golden rule goes, sharing is caring.

But for some reason, the way that data has evolved over the years it has become more and more challenging for companies to be able actually to share data with the rest of their organization. There have been recent studies that have discovered internal data being shared across departments is one of the key components to success.

The reality is though, that many companies simply are not sharing their data because of the way their data infrastructures are set up. This means that the data essentially becomes locked into dashboards that very few people actually have the keys to. When this happens, the data is not fully utilized, business goals can not be achieved and operations are not as effortless as they should be.

Luckily, with technologies that allow data to sync up, such as getting your data from Redshift to Salesforce, your data will no longer be locked in one dashboard. So we have put together our top reasons as to why you should not keep your data locked and instead start sharing it across the organization in a way that will help everyone flourish.

First, Let’s Talk about Data Sharing

For those that are not yet familiar with data sharing, here is a quick synopsis of exactly what you need to know. In an essence, data sharing is the ability to both access your data with ease and share it with any stakeholder that will benefit from having it. This means that when data sharing is maximized, there are no data silos and very few—if any—barriers that exist.

With data sharing, your whole organization will be able to operate in a way that is more open, transparent, and accessible. The data will be structured in a way that means anyone can retrieve it, analyze it, and use it. Data sharing is not only essential but in fact a lifeline for any business to survive in the competitive world of today.

Top Reasons to Unlock Data

There are numerous reasons why you should implement synching technologies that prevent data from becoming locked in your dashboards. Here are the top ones that nearly all companies will experience as a result.

1. Eliminate Data Barriers

If a certain team member or department does not have access to data, then the entire process to retrieve it will become a lot more complicated. Not only will they have to spend unnecessary time requesting it, but the IT team will likely have to also spend unnecessary time enabling that access after approving requests.

While there is a reason to want to prevent unauthorized users from accessing data, it can set serious limitations when it limits the ability of numerous employees to get what they need. Sharing data without barriers will further enhance productivity and overall results. So knock those barriers down however you can.

2. Prevents Data Silos

Equally, many companies suffer from data silos when it is locked in dashboards. But this prevents teams from being able to collaborate with ease and for team members to do their roles quickly. For example, if someone on your team needed a data stack while out at a sales meeting but did not have access, there could be missed opportunities for the business.

When only one team holds the key to data in the organization, it becomes really challenging to collaborate, share and work great as a team. But sharing the key to data can prevent silos from arising in your company.

3. Gain a Competitive Advantage

If your company has the technology and tools in place to easily share data, then you are already ahead of the game. By unlocking your data and allowing more oversight within your company, you will automatically get a competitive advantage in your industry.

4. Discover New Assets

When more people in your organization have access to your data dashboards, there is a higher chance of actually discovering valuable insight or assets that no one may have realized before. Knowledge is power and everyone will be able to view your data a bit differently. The more eyes in your organization that can look at it, the better probability that someone will discover new assets to use for your company’s benefit.

5. Be More Transparent

When you share data, you are automatically becoming more transparent within the organization. One of the most important values that any company can have is transparency, which will build more trust amongst all your stakeholders. So by unlocking your data, you are creating a working culture that is built on honesty and trustworthiness.

Conclusion

With so much to gain when it comes to unlocking your data, why not implement the best technologies possible to sync and share?

Frequently Asked Questions

1. How can I prevent my data from becoming locked in dashboards?

There are a number of ways that you can prevent your data from becoming locked in dashboards, including:

-Implement synching technologies that will allow for easy sharing and retrieval of data

-Encourage transparency and collaboration within your organization by sharing data

-Make sure that everyone in your organization has access to data that they need

2. How can I get a competitive advantage by unlocking my data?

By unlocking your data and making it accessible to everyone in your organization, you will be able to:

-Gain a competitive advantage in your industry

-Eliminate data silos

-Discover new assets

-Be more transparent

3. What are some of the benefits of being more transparent?

Some of the benefits of being more transparent include:

-Building trust amongst stakeholders

-Encouraging collaboration

-Improving communication

-Fostering a culture of openness and accountability

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