Access to data is significantly limited by data privacy and protection regulations, according to a survey conducted by Bloor Research.
The report reveals that 60% of the data leaders surveyed are unable to use more than 40% of their data due to privacy concerns.
While the data that is available to those surveyed is readily accessible (84% can receive data in less than a week), this represents only a fraction of the data they need to access to drive innovation. In reaction, more than 70% of respondents currently have or plan to invest in a data privacy solution within the next year.
