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Why Simplifying Data Is Complicated Business

 
 
By Dennis McCafferty  |  Posted 08-04-2016 Email
 
 
 
 
 
 
 
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    Why Simplifying Data Is Complicated Business
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    Why 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.
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    Low Satisfaction
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    Low Satisfaction

    27% of survey respondents rate their satisfaction level for their organization's current data capabilities as "high."
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    Data to Analysts
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    Data to Analysts

    58% said they need to get new data to analysts faster.
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    Improvement Areas: Simplifying the Data Pipeline
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    Improvement Areas: Simplifying the Data Pipeline

    53% said they'd like to simplify their company's data pipeline.
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    Improvement Areas: Reduce Data Tool Costs
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    Improvement Areas: Reduce Data Tool Costs

    51% said they need to reduce the operational cost of deploying, managing and tuning data tools.
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    Improvement Areas: Consolidate Data
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    Improvement Areas: Consolidate Data

    50% said they'd like to consolidate data silos and data marts.
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    Authoritative Role
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    Authoritative Role

    More than half said executive management is responsible for analytics solutions investments.
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    Common Data Analytics Tools and Technologies
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    Common Data Analytics Tools and Technologies

    Spreadsheets: 76%, Data warehouses: 71%, Business intelligence software: 65%, Analytics software: 54%
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    Under Exposed
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    Under 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.
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    Evaluating New Data Analytics Tools
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    Evaluating New Data Analytics Tools

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

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

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

In assessing big data capabilities, few CIOs and tech and business leaders give their organizations high marks, according to a recent survey from Snowflake Computing. The report, titled "Overcoming the Reality Gap of Big Data," shows that data must get to analysts faster. Survey respondents say that they'd like to simplify their data pipeline, while bringing down the cost of deploying, managing and tuning data tools. Those solutions could use some updating: While most survey respondents consider themselves firmly planted in the digital age, many organizations still cling to old-school tools—such as spreadsheets—to perform analytics tasks. "The rush to take advantage of new data capabilities has been likened to a 21st century gold rush."According to some reports, investment in analytics is outpacing other IT areas. But despite all the attention focused on the potential of new technologies like big data analytics solutions, many organizations appear frustrated by their failure to realize their goals." More than 100 high-level IT and business execs took part in the research, which was conducted by Gatepoint Research.

 
 
 
 
 
Dennis McCafferty is a freelance writer for Baseline Magazine.

 
 
 
 
 
 

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