Data streaming is now the backbone for the most critical areas of a business - from personalised customer experiences to real-time business operations - according to the new ‘Confluent 2023 Data Streaming Report: Moving Up the Maturity Curve’ report.
Based on a survey of 2,250 IT leaders using data streaming from across seven countries (US, UK, Germany, France, India, Singapore, and Australia) and representing midsize to large enterprises across all major industries, the report says that businesses are increasingly tapping into data streaming to process continuous streams of data as soon as they are generated. ‘What started as oneoff experiments for many is now becoming more pervasive’.
The value that data streaming can unlock for businesses ‘is evident from the growing trust it has garnered to power business-critical applications’ says the report: 72 percent of IT leaders say they are using data streaming to power critical applications - and more than half (60 percent) cite that five or more of their organization’s critical systems are reliant on the technology. This ‘confirms that data streaming is increasingly becoming a requirement for the most demanding areas of business and IT’, according to the report.
The biggest challenges to effective implementation of data streaming are silos and skill gaps.
Download the full report here.
