Increasing regulations and market pressure across the sustainability space are driving huge demand for transparency among organizations. In the quest to achieve this transparency, data has become a critical asset. While the importance of data is universally acknowledged, in reality many businesses and financial institutions struggle to effectively manage the large volumes of complex data that they generate, due to inefficient processes and unleveraged technology.
New research by Sweep and Capgemini Invent across four of the world’s biggest economies by GDP uncovers the extent of this challenge, and the ricochet effect taking place across organizations as a result.
Organizations worldwide recognize the need for change—81% of businesses say they won’t survive in a low-carbon economy without transformation.