To remain aggressive in an more and more digital world, firms wish to rework their digital setting to enhance collaboration and preserve their edge.

However a brand new examine by Intralinks and the Cloud Safety Alliance reveals that digital transformation methods are being hindered by three predominant boundaries.

These are information privateness and compliance fears, information siloed in particular departments and areas, and outmoded enterprise content material administration (ECM) programs.

Of explicit concern on the privateness entrance is the European Union’s Common Knowledge Safety Regulation (GDPR), which is able to vastly tighten current EU guidelines on information safety and privateness, and add new necessities starting in 2018. It will impression not simply European firms, however any firm that handles European citizen’s private information.

Corporations throughout all industries are exchanging content material with prospects, workers, companions and regulators like by no means earlier than. With 82 p.c of firms having some form of restriction on regulated information within the cloud, this implies migrating information to the cloud will result in many information privateness challenges.

Historically, programs for information storage and administration have all the time been siloed, leaving firms managing information throughout a number of programs and in numerous areas. This leads to pointless infrastructure administration and prices. Elevated adoption of cloud computing has made this drawback extra obvious, however cloud computing additionally affords doable options. Nevertheless, 57 p.c of respondents nonetheless assume their firm’s content material instruments like ECM, cloud storage and SharePoint are siloed and troublesome to attach.

Putting in a method for constructing the appropriate capabilities and measuring preparedness of those applied sciences will result in profitable digital transformation. General, 75 p.c of firms surveyed have some digital transformation initiatives, these are championed by the Chief Data Offcer in keeping with 42 p.c of respondents.

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On the subject of ECM the report finds many companies nonetheless have an extended option to go earlier than they’re prepared for digital transformation. Of the 440 IT and safety professionals surveyed, 80 p.c admit that their firm remains to be utilizing conventional file folders to arrange and share content material.

“Our analysis with the CSA sheds mild on the boundaries that enterprises proceed to face as they attempt to meet the seemingly opposing objectives of elevated collaboration versus stricter safety and regulatory compliance measures,” says Daren Glenister, discipline CTO at Intralinks.

The total report is accessible to obtain from the Intralinks web site.

Photograph Credit score: Robert Kneschke/Shutterstock