web-0798 0718 2018 global state of enterprise analytics ... · the future belongs to the...

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BENEFITS Accentuating the Positive Data and analytics are playing a crucial role in digital transformation efforts. Leading enterprise analytics initiatives are driving new business model development, greater efficiency and transforming customer experiences. The future belongs to the Intelligent Enterprise. 2018 GLOBAL STATE OF ENTERPRISE ANALYTICS Source: MicroStrategy 2018 Global State of Enterprise Analytics Report CHALLENGES Acknowledging Room for Improvement PEOPLE Taking Stock in Talent TRENDS Investing and Advancing 64% of enterprise organizations are planning to invest more in hiring data and analytics talent over the next year. Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics. 45% of analytics professionals report that less than half of their organizational data is governed. 64% of organizations are planning to invest more in their analytics initiatives over the next year. 90% say data and analytics are important to their digital transformation efforts. Top 3 trends having the most significant impact on analytics initiatives: Cloud computing Big data AI/Machine Learning Top 3 ways organizations are using data and analytics: To drive process and cost efficiency (60%) To drive strategy and change (57%) To monitor and improve financial performance (52%) Top 3 benefits organizations are realizing from their analytics initiatives: Improved efficiency and productivity (63%) Faster, more effective decision making (57%) Better financial performance (51%) Top 3 barriers to the more effective use of data and analytics: Data privacy and security concerns (49%) Access to data is limited across the organization (33%) Lack of training (30%)

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Page 1: WEB-0798 0718 2018 Global State of Enterprise Analytics ... · The future belongs to the Intelligent Enterprise. 2018 GLOBAL STATE OF ENTERPRISE ANALYTICS Source: MicroStrategy 2018

BENEFITS

Accentuating the Positive

Data and analytics are playing a crucial role in digital transformation

e�orts. Leading enterprise analytics initiatives are driving new business

model development, greater e�ciency and transforming customer

experiences. The future belongs to the Intelligent Enterprise.

2018 GLOBAL STATE OF ENTERPRISE ANALYTICS

Source: MicroStrategy 2018 Global State of Enterprise Analytics Report

CHALLENGES

Acknowledging Room for

Improvement

PEOPLE

Taking Stock in Talent

TRENDS

Investing and Advancing

64% of enterprise organizations are planning to invest more in hiring data and analytics talent over the next year.

Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.

45% of analytics professionals report that less than half of their organizational data is governed.

64% of organizations are planning to invest more in their analytics initiatives over the next year.

90% say data and analytics are important to their digital transformation e�orts.

Top 3 trends having the most signi�cant impact on analytics initiatives:

Cloud computingBig dataAI/Machine Learning

Top 3 ways organizations are using data and analytics:

To drive process and cost e�ciency (60%)To drive strategy and change (57%)To monitor and improve �nancial performance (52%)

Top 3 bene�ts organizations are realizing from their analytics initiatives:

Improved e�ciency and productivity (63%)Faster, more e�ective decision making (57%)Better �nancial performance (51%)

Top 3 barriers to the more e�ective use of data and analytics:

Data privacy and security concerns (49%)Access to data is limited across the organization (33%)Lack of training (30%)