Buy-In From Top Execs Is Key for Big Data, BI Success

Business Intelligence

1 - Drivers of Data ProjectsDrivers of Data Projects

Most data projects are driven from the top down: 63% of top performers said data initiatives are launched and driven by their corporate leadership, compared with 38% of bottom performers.

2 - Dedicated Data and Analytics Groups EmergeDedicated Data and Analytics Groups Emerge

Companies with dedicated groups make for better prospects: 41% have a centralized data and analytics group that takes the lead for introducing and implementing data initiatives, compared with 28% of bottom performers.

3 - Tools MatterTools Matter

32% of performance leaders think that all employees in their organization have access to the data they need, while only 17% of subpar performers said the same; 20% of top performers said their employees have access to user-friendly ways to carry out data analyses, but just 5% of bottom performers indicated the same.

4 - Data Access Make a DifferenceData Access Make a Difference

Visualization of the data equals insights. The ability to access data and quantitative tools that convert numbers to insights is two to three times more common in data-centric companies.

5 - Data Access Drives Business AgilityData Access Drives Business Agility

68% of top performers indicated that information and knowledge is shared more quickly and more freely in their companies, compared with just 36% of underperformers. 56% have seen better collaboration across business units, versus 29%, and 55% believe that speed of execution and quality have improved, compared to 26%.

6 - Data LimitationsData Limitations

More than half, 57%, said they do a poor job of capturing and disseminating important business data, while two-thirds report that data is also unevenly distributed inside the organization.

7 - CEOs Live on Another Data PlanetCEOs Live on Another Data Planet

Just under half of CEOs, 47%, are much more likely to believe data and analytical tools are widely available, but only 27% of other respondents feel the same way.

8 - CEOs' Data DreamsCEOs’ Data Dreams

Just over half of CEOs, 53%, think data utilization has led to less hierachical decision-making, but only 36% of other respondents agreed.

9 - Data Most DesiredData Most Desired

The most valuable type of data, selected by 53%, is customer demographics and behavioral patterns, which only 28% indicated was widely available. External market data is also ranked relevant and useful by 45%, but only 36% see that as being readily available.

10 - The Trouble With TrainingThe Trouble With Training

Training needs more attention. More than half, 58%, say training is widely used, but only 48% agree it is highly effective.

11 - Better Data Equals Better ManagementBetter Data Equals Better Management

57% of respondents indicated that greater access to data-driven insights gives them better control of internal risks and the capability to operate more efficiently; 45% said they can better respond to external market threats and opportunities.

Michael Vizard
Michael Vizard
Michael Vizard is a seasoned IT journalist, with nearly 30 years of experience writing and editing about enterprise IT issues. He is a contributor to publications including Programmableweb, IT Business Edge, CIOinsight, Channel Insider and UBM Tech. He formerly was editorial director for Ziff-Davis Enterprise, where he launched the company’s custom content division, and has also served as editor in chief for CRN and InfoWorld. He also has held editorial positions at PC Week, Computerworld and Digital Review.

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