Businesses are being hampered by the poor flow of information, according to research commissioned by application infrastructure software firm Progress Software.
A survey questioned CIOs, senior IT managers and department heads across 500 European businesses, and showed that the majority of respondents are not receiving business-critical data in real-time, or in a format that suits them.
The research shows strong indicators of a struggle within enterprises to access, manipulate and interpret business critical information.
In addition to these findings, the research revealed that businesses are now adopting Service Oriented Architecture (SOA) to improve the flow of information and provide them with a more flexible IT infrastructure.
Only 50% of respondents have access to real-time information, although 58% now have an SOA strategy in place to try and improve matters.