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Why Simplifying Data Is Complicated Business

Aug 4, 2016

Why Simplifying Data Is Complicated Business

Why Simplifying Data Is Complicated BusinessWhy Simplifying Data Is Complicated Business

IT and business executives want to simplify their company’s data pipeline, but many execs grow frustrated with the data gathering and analysis process.

Low SatisfactionLow Satisfaction

27% of survey respondents rate their satisfaction level for their organization’s current data capabilities as “high.”

Data to AnalystsData to Analysts

58% said they need to get new data to analysts faster.

Improvement Areas: Simplifying the Data PipelineImprovement Areas: Simplifying the Data Pipeline

53% said they’d like to simplify their company’s data pipeline.

Improvement Areas: Reduce Data Tool CostsImprovement Areas: Reduce Data Tool Costs

51% said they need to reduce the operational cost of deploying, managing and tuning data tools.

Improvement Areas: Consolidate DataImprovement Areas: Consolidate Data

50% said they’d like to consolidate data silos and data marts.

Authoritative RoleAuthoritative Role

More than half said executive management is responsible for analytics solutions investments.

Common Data Analytics Tools and TechnologiesCommon Data Analytics Tools and Technologies

Spreadsheets: 76%, Data warehouses: 71%, Business intelligence software: 65%, Analytics software: 54%

Under ExposedUnder Exposed

11% of survey respondents said their organization is currently using Hadoop, with just 24% having a positive perception of Hadoop’s costs and a mere 14% feeling good about its security.

Evaluating New Data Analytics ToolsEvaluating New Data Analytics Tools

Ease of use: 81%, Performance: 79%, Security: 75%

Cloud OpportinitiesCloud Opportinities

33% of survey respondents said their organization uses the cloud opportunistically rather than consistently.

Cloud StrategyCloud Strategy

Only 16% said their company has a defined strategy for the cloud, and just 12% said the cloud is enabling business strategies.

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