More C-Suite Support Needed for Analytics

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More C-Suite Support Needed for Analytics

Key ConsiderationKey Consideration

One-half of IT execs base the majority of their strategic decisions upon data and analytics.

Early ReturnsEarly Returns

Nearly 40% are seeing rapid ROI on their analytics investment within the first six months of adoption.

Vote of ConfidenceVote of Confidence

66% think highly of the quality of data and analytics in their organization.

Holistic EffortHolistic Effort

56% say their analytics strategy is determined by the enterprise as a whole, as opposed to only IT or only business.

Cross-Department CollaborationCross-Department Collaboration

53% think highly of what business and IT are doing together in pursuing analytic projects.

RoadblockRoadblock

Nearly two-thirds say some form of political and executive resistance is the primary barrier in realizing the full value of their analytics investments.

Value DriverValue Driver

75% say analytics primarily generates revenue and innovation, as opposed to controlling costs and risks.

Mixed DataMixed Data

One-third use tangible and intangible metrics to measure the impact of analytics investments.

Existing Analytics Capabilities of OrganizationsExisting Analytics Capabilities of Organizations

Query and reporting: 73%, Data visualization: 58%, Data mining: 57%

Open BookOpen Book

52% say their organizations can analyze free-form text, and 29% are planning to.

Vocalized InitiativeVocalized Initiative

42% say their organization can conduct voice analytics, and 38% are planning to.

Cloudy FutureCloudy Future

More than one-third can conduct analytics in the cloud, and more than one-quarter are planning to.

Mobile MigrationMobile Migration

35% can perform mobile analytics, and 33% are planning to.

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