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Global Survey: Analytic Insights Remain Trapped in Complexity and Bottlenecks

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According to a recent press release, “As companies aggressively invest in a future driven by intelligence – rather than just more analytics – business and IT decision makers are increasingly frustrated by the complexity, bottlenecks and uncertainty of today’s enterprise analytics, according to a survey of senior leaders at enterprise-sized organizations from around the world. The survey, conducted by independent technology market research firm Vanson Bourne on behalf of Teradata, the industry’s only pervasive data intelligence company, found significant roadblocks for enterprises looking to use intelligence across the organization. Many senior leaders agree that, while they are buying analytics, those investments aren’t necessarily resulting in the answers they are seeking.”

The release goes on, “They cited three foundational challenges to making analytics more pervasive in their organization: (1) Analytics technology is too complex: Just under three quarters (74 percent) of senior leaders said their organization’s analytics technology is complex, with 42 percent of those saying analytics is not easy for their employees to use and understand. (2) Users don’t have access to all the data they need: 79 percent of respondents said they need access to more company data to do their job effectively. (3) ‘Unicorn’ data scientists are a bottleneck: Only 25 percent said that, within their global enterprise, business decision makers have the skills to access and use intelligence from analytics without the need for data scientists.”

Martyn Etherington, Teradata’s Chief Marketing Officer, noted, “The largest and most well-known companies in the world have collectively invested billions of dollars in analytics, but all that time and money spent has been met with mediocre results… Companies want pervasive data intelligence, encompassing all the data, all the time, to find answers to their toughest challenges. They are not achieving this today, thus the frustration with analytics is palpable.”

Read more at Teradata.com.

Image courtesy of Teradata

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