Assessing the value of Data Management Technology

January 10, 2024 - Research Y3

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With the exponential growth in data collection, storage, and consumption, the benefits of data management continue to scale, providing as much as 40 percent reduced TCO and 66 percent time savings across the data team. Although these benefits are well recognized, the implementation of data management technology is often a complex and costly endeavor. As such, the most successful organizations adopt this technology following a deliberate strategy and seek to justify such investments by assessing the ROI of perspective deployments. To best equip decision-makers and mitigate adoption risks, Nucleus put together a framework for quantifying the value delivered by data management technology and offers several best practices frequently tied to success.

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