SHARE
Facebook X Pinterest WhatsApp

Businesses Need Help With Data Analytics Tools

Jun 26, 2014

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.

Recommended for you...

Domo vs Tableau: Which is the better BI solution?
Madeline Clarke
Aug 27, 2022
Sisense vs Power BI: Battle of Top BI Software
Aminu Abdullahi
Aug 25, 2022
Looker vs. Tableau: Top BI Software Comparison
Jenna Phipps
Aug 19, 2022
Best Business Intelligence Software: BI Tools Comparison
Jenna Phipps
Aug 19, 2022
CIO Insight Logo

CIO Insight offers thought leadership and best practices in the IT security and management industry while providing expert recommendations on software solutions for IT leaders. It is the trusted resource for security professionals who need to maintain regulatory compliance for their teams and organizations. CIO Insight is an ideal website for IT decision makers, systems integrators and administrators, and IT managers to stay informed about emerging technologies, software developments and trends in the IT security and management industry.

Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.