Businesses face significant challenges in executing complex, cross-functional tasks efficiently, often due to siloed operations that hinder comprehensive insight and collaboration. According to Deloitte, 83% of "digitally maturing" companies use cross-functional teams, yet many still struggle with inefficiencies. Data silos exacerbate these issues, with employees wasting an average of 5.3 hours per week waiting for data from colleagues, contributing to an estimated $1.8 trillion in lost productivity annually for U.S. businesses. Additionally, inconsistent and incomplete data sets from siloed departments lead to flawed decision-making and increased IT costs due to duplicated data platforms and processes. These factors result in value leakage and suboptimal outcomes, significantly hindering
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Mukundan Sivaraj
