Gaining insight allows for faster decision making, particularly in cases where data is subject to compliance and regulatory scrutiny OpenText , today announced findings from a recent independent survey from Compliance Week, sponsored by OpenText. The results show the importance of both advanced technology and dedicated teams that can quickly deliver data insights to reduce time and cost and result in better …
Gaining insight allows for faster decision making, particularly in cases where data is subject to compliance and regulatory scrutiny
OpenText (NASDAQ: OTEX), (TSX: OTEX), today announced findings from a recent independent survey from Compliance Week, sponsored by OpenText. The results show the importance of both advanced technology and dedicated teams that can quickly deliver data insights to reduce time and cost and result in better outcomes.
The benchmarking survey, which garnered 200 responses from compliance, legal, internal audit, and other professionals around the world, reveals that despite a perceived need for improved efficiencies and outcomes, many organizations are not utilizing data analytics or artificial intelligence capabilities for the investigating of large volumes of electronically stored information.
“Data analytics, automation, and machine learning are necessary tools in supporting investigations,” said Lou Blatt , Senior Vice President and Chief Marketing Officer at OpenText. “Vast increases in information, changing data privacy and...
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