Data as raw material | BDO Trend Report

Why data strategy determines AI success

3 colleagues looking at a laptop
Companies are sitting on mountains of data. Most of them have no clear plan for what to do with it. The question has shifted from how much data you possess, to how valuable, reliable and ethically usable that data is. 

This matters more than ever because AI is only as good as the data it runs on. The principle is well known (garbage in, garbage out) but too few organisations take it seriously enough. Poor data quality leads to flawed conclusions, even before you factor in the hallucinations that AI models can produce on their own. And the stakes are rising: according to the World Economic Forum, fewer than one in five organisations report high maturity in any aspect of data readiness, even as 72% of business leaders say they are increasing investment in data foundations. 

In our Trend Report: The business world in 2030, developed in collaboration with trendwatcher Tom Palmaerts, we explore what a genuinely effective data strategy looks like and why it starts with choices, not technology. 

The hidden cost of data you never use

Dark data is a concept that deserves more attention. This is data that organisations collect but never use: files stored in the cloud without purpose, old records that no one reviews, sensor outputs that are never analysed. Most of us have a personal version of this problem (think of the thousands of photos on your phone), but at company level it becomes an industrial-scale issue.

The environmental cost is significant. Data centres already account for a carbon footprint comparable to the aviation industry, and a large share of that energy goes towards storing and maintaining data that serves no business purpose. The growing call for data minimalism (only collect what you need, use what you collect, delete what no longer has value) is as much a sustainability argument as a strategic one. 

Data ownership and ethics are becoming business-critical

The pressure on ethical data practices is intensifying. High-profile incidents in recent years have shown how quickly trust can evaporate and the reputational damage it can cause when companies are not transparent about how they use the data they collect. Whether from customers, employees or business processes. Legislation plays a role, but transparency about data is becoming as important to stakeholders as financial reliability. 

What you will find inside the report

The data section of our Trend Report goes deeper into each of these themes. It makes the case for why data should be treated as a raw material rather than a finished product, and explores what happens when organisations confuse volume with value. You will find concrete examples of companies that are getting it right (including a Belgian case that uses smart data to make an entire industry more sustainable) alongside insights from BDO's own digital advisory team on concepts like the autonomous enterprise and how AI-driven automation can help break down data silos. 

The report also unpacks why a strong data strategy does not start with technology but with the decisions you make about which data generates value for your organisation. 

As AI becomes central to how businesses operate, getting your data foundation right is a prerequisite. 

This article is part of our Trend Report: The business world in 2030, a collaboration between BDO Belgium and trendwatcher Tom Palmaerts.