As the name suggests, a data silo is a set of data only accessible to one department or team in an organization. To some extent, data silos are unavoidable. Each department accumulates data pertaining to its responsibilities, focusing on its particular roles and information to deliver results. Without silos, organizations can’t divide and conquer tasks to achieve business goals.
However, the American Management Association found that 97% of executives believe data silos have a negative impact on enterprise performance. At what point do data silos stop facilitating smooth operations and start disrupting business growth?
This is the question we’re exploring in today’s post. Below, we explain how data silos can impede manufacturing and distribution success. We also illustrate how enterprise software solutions and management strategies are working to tear down barriers to information.
Modern manufacturers and distributors are increasingly working towards becoming connected enterprises and making data more accessible. That’s because they realize that overly isolated data contributes to several costly problems, including:
Data silos primarily result from technical barriers. Legacy software platforms lack the flexibility to sync data and manage multiple processes across the organization. But company culture also reinforces silos. Businesses with an overly competitive environment are more likely to become protective of their data and distrust other departments. This results in a silo mentality, in which teams don’t share their information or priorities. Additionally, businesses can develop data silos after expanding to new locations or implementing more software applications.
To get rid of data silos and solve business issues, you must solve the sources of the problems by improving your company culture and enterprise technology:
When data silos go unchecked, they can make your data useless and jeopardize your enterprise. Fortunately, modern software solutions prioritize data accessibility and collaboration. With the right company culture and the right technology, you can prevent data silos from stunting your business growth.
Datix, one of the largest Epicor partners in North America, provides a variety of solutions to help you get the most from your data. In addition to ERP, CRM and eCommerce implementations, we also offer Unity, our premier integration platform. Unity is a pre-built solution designed to seamlessly integrate Epicor with a range of systems to promote greater visibility and efficiency. Additionally, Jet Analytics for Epicor ERP serves as a data warehouse, BI and reporting tool that enables users to easily report against ERP data through Excel or Microsoft Power BI.
Let Datix help you break down silos and work as a unified front. Contact one of our software experts today!
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