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Essay / What are the challenges of conducting EDM
Conducting EDM is an extensive and protracted process. In most cases, companies seeking “instant gratification” have shifted their focus elsewhere, due to its complexity and the impossibility of translating it into short-term returns. However, we have recently seen the industry focus again on EDM. It is therefore a technological field that is evolving and developing rapidly. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essay The challenges that prevent companies from implementing EDM initiatives have varying levels of complexity and, depending on the organization, they can have different levels of impact on EDM decisions. The biggest challenge executives face when managing enterprise data is IT complexity. This is due to the high number of companies still operating on legacy systems, which makes EDM system integration more complex, as legacy systems do not always communicate properly with updated systems. Likewise, businesses that choose to store their data in legacy systems are more prone to availability and security issues. For this reason, some companies are considering migrating to new systems that integrate enterprise data management tools, or are simply considering taking the necessary steps (budget-wise) to achieve EDM by investing more in their infrastructure. However, budgetary constraints appear to be an obstacle for companies when trying to adopt either of these two approaches, mainly because executives generally do not see a concrete return on investment. A third challenge in enterprise data management concerns personnel. Only a few companies have dedicated EDM teams, and most do not have a senior-level role responsible for leading the process of achieving EDM. I would attribute the aforementioned challenge to the fact that in some cases it can be very difficult to get board buy-in. Additionally, companies new to EDM may struggle to understand how to leverage data for business purposes, leading board members to prevent executives from investing further in this area. Additionally, other issues arise when data ownership is considered due to privacy and sensitivity concerns. What are the business drivers of cloud computing? Since its inception, cloud service providers have touted the cost savings their services offer. However, cloud computing is not just about cost savings. As businesses began implementing cloud services into their processes, they realized that cloud computing made infrastructure out of the question, thus making virtualization possible. The cloud allows businesses to integrate initiatives more quickly because services are readily available, making it easier to work on time-constrained projects. Likewise, another advantage of the cloud is its scalability. As business needs evolve, it is much easier to scale up or down cloud usage, allowing businesses to save money on infrastructure investments. Likewise, the success of the cloud is now benefiting businesses large and small. In the case of small businesses, they can rest assured that all their IT needs can be solved using a low-cost cloud service. We consider.