Data migrations are a reality for organizations of any size and across every industry. Ninety-one percent of organizations embark on data migration projects today and eighty-five percent of them run into challenges along the way that can throw off planned timelines and budgets.
What is data migration?
A data migration is defined as the process of transferring data between storage types, formats or computer systems. These are essential for any system implementation, upgrade, or consolidation.
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When should your organization engage in data migration?
Most organizations engage in data migrations when there is a merger or acquisition, a de-merger or buy-out, a system replacement, a system upgrade or new system purchase, or regulatory changes.
Why is this important?
Data is your company’s most strategic asset, so ensuring that the migration goes smoothly is critical.
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Some data migration challenges companies face are lack of communication, inconsistent data standardization, and different system designs.