IT Is Missing Real-Time Data Analytics Opportunities

IT Is Missing Real-Time Data Analytics Opportunities

IT Is Missing Real-Time Data Analytics OpportunitiesIT Is Missing Real-Time Data Analytics Opportunities

By Dennis McCafferty

Existing ProblemExisting Problem

97% of surveyed organization decision makers said they are challenged by the data they have.

Tech IssueTech Issue

Just 26% of those surveyed said their IT department supports their need for the real-time analysis of data.

Losing FaithLosing Faith

Only one out of five are confident in the reliability, accuracy and completeness of their data.

Underutilized AssetUnderutilized Asset

68% said their organization cannot use real-time data, and 61% said they can’t mine it. Meanwhile, 57% said they can’t act upon it.

Time ConsiderationTime Consideration

87% said it’s important to make operational decisions swiftly, but 85% still experience issues in attempting to do so because they can’t use their data quickly enough.

Fallout Factor: Market LossFallout Factor: Market Loss

41% said they risk missed revenue opportunities because they can’t make operational decisions in a timely fashion.

Fallout Factor: Faulty ConclusionFallout Factor: Faulty Conclusion

37% said they can encounter poor decision making when operational decisions are delayed.

Fallout Factor: Fuzzy ForecastFallout Factor: Fuzzy Forecast

27% said they hurt their ability to predict future patterns when they can’t make operational decisions quickly enough.


74% said that obtaining greater visibility over internal processes could lead to operational improvements.

Dennis McCafferty
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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