Businesses Need Help With Data Analytics Tools

Businesses Need Help With Data Analytics Tools

Must-Have PurchaseMust-Have Purchase

Nearly two-thirds of survey respondents say their organizations are investing more into analytics.

Unknown CommodityUnknown 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 InterestTop Analytics Investment Areas of Interest

Predictive analytics: 59%, Dashboards: 44%, Big data: 44%, Reporting: 38%, Data management: 35%

Incomplete ProcessIncomplete 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 AnalyticsBiggest Challenges for Analytics

Turning insights into actions: 21%, Gleaning insights from the data: 16%, Manipulating and integrating data: 15%

Improvement CurveImprovement Curve

48% say their company is working on data quality, up from 27% last year.

Top Analytics ToolsTop Analytics Tools

Microsoft Excel: 72%, SQL: 46%, R: 37%, Microsoft Access: 33%, Tableau: 25%

Impact SourcesImpact 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.

Dennis McCafferty
Dennis McCafferty is a contributor to CIO Insight. He covers topics such as IT leadership, IT strategy, collaboration, and IT for businesses.

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