Originally Published in Forbes
Post written by Ofer Laksman, CEO and Co-Founder at Correlata
Today’s enterprises are faced with ongoing challenges adhering to General Data Protection Regulation (GDPR) compliance, and if you are headquartered in the United States, meeting all the new regulatory policies is vital as well. Even if companies have already met GDPR standards and are savvy when it comes to using that data, with 76% seeing the change as an opportunity for business growth, only 36% expect to be fully compliant with GDPR rules.
Policy and regulatory issues are increasing as data protection, privacy and IT teams feel the pressure. As the CEO and co-founder of a company specializing in IT solutions, I know this to be true. Teams in the tech industry are trying to understand where each already existing policy is held, how to securely manage the data and how to use that data as new and increased business drivers — all the while determining who owns the task. Network operations, security operations, IT operations or the numerous members of the C-suite want to be included in the conversations around final deployments, but each fails to look at the comprehensive solution across the entire organization.
The last caveat is how each team understands how their data extends into the third-party relationships. Today’s data centers no longer function in a silo, or within individual realms. Any data center team is inherently involved in third-party relationships and their risks. It is with these risks that also comes opportunity just as we see with GDPR and the growing number of U.S. data policy laws.
As supply chains become more complex and both customers and partners become more demanding, there is a race to discover how to best to manage the zettabytes of data that will be generated and transferred by our digital world, how best to protect and secure that data and how best to use the data collected as business drivers for additional channels of revenue.
Big data is affecting every aspect of the business world and your supply chain relationships are working overtime to understand how the new information that seems so readily available at your fingertips, can be used to transform such into actionable insights that can help drive increased operational efficiencies across the supply chain and your entire organization.
IT And Your Data Center
Your supply chain starts with you, and the security measures communicated and deployed within your organizational framework. As management looks to the data to and from each of the third-party relationships, they also look to the data center teams and what analytics reveal to either recalibrate initiatives or support the data and new business drivers.
To understand and effectively know the resources that are being used and unused in your data center, it remains key to have accurate metrics both vertically and horizontally that can communicate the value outside of individual silos.
When IT can gain access to accurate key performance indicators (KPIs) from the data center, management then has the ability to plan for growth initiatives to support their business projections. Gaining individual insight into applications, infrastructure, operational assets, security measures and horizontal analysis has been common practice until recently.
It is with the regulations and policy from GDPR and the growing number of individual data policy laws for each U.S. state — over 23 states thus far have some data policy law that is enforceable that today’s most disparate data centers are looking into their data more closely. Many data center administrators are left with partial information or tasks that are being reprioritized because of policy and law.
If management can gain data center metric insights from the current and already implemented policies and processes extending from the third party and supply chain relationships all the way through to internal compliance and best practices, it will give them the ability to work across their entire organizational architecture and either reallocate resources that are going un-used or establish accurate plans on how to use those resources that are providing the best insight.
Management’s best plans for business growth will only excel if they have complete visibility both horizontally and vertically into their data center’s resources, and it must go beyond just IT; sales, finance, legal, channel, marketing and the third-party or supply chain all benefit from analytics that supports management’s business forecasting.