Businesses Need Help With Data Analytics Tools
Must-Have Purchase
Nearly two-thirds of survey respondents say their organizations are investing more into analytics.
Unknown Commodity
Nearly three-quarters of business analysts and data analysts aren’t using big data tools or don’t know which ones are being used within their organization. About two of five data scientists say the same.
Top Analytics Investment Areas of Interest
Predictive analytics: 59%, Dashboards: 44%, Big data: 44%, Reporting: 38%, Data management: 35%
Incomplete Process
Less than 13% of survey respondents say their company has finished several of the big data projects that they have in production.
Biggest Challenges for Analytics
Turning insights into actions: 21%, Gleaning insights from the data: 16%, Manipulating and integrating data: 15%
Improvement Curve
48% say their company is working on data quality, up from 27% last year.
Top Analytics Tools
Microsoft Excel: 72%, SQL: 46%, R: 37%, Microsoft Access: 33%, Tableau: 25%
Impact Sources
16% of respondents whose organization is planning or experimenting with big data say that the biggest trend for 2014 is the lack of available analytics professionals, and 15% say it’s the shifting of analytics responsibilities from IT to business.