Data Management Teams Grow in Bid for Financial, Security Gains

European companies are throwing more money at collecting and using data as they realize the potential for better fraud prevention and marketing, a new survey found.

Nearly two-thirds (63%) of corporate chief data officers expect their team to grow over the next year, Deloitte found in the latest installment of an annual survey released Monday.

On average, the data chiefs expected the size of their team to grow by 27% over the next year. “This has been a steady trend over the past 10 years,” Deloitte UK director Oscar Lowe said in an interview previewing ...