This is the latest (guess in the last few months) from Deloitte and Davenport.
We will bring out only top two answers as an interpretive meta analysis. For detailed results you should read the full report, which is given at the bottom.
What is the greatest benefit of using data analytics?
– Better decision-making based on data (49%)
– Better enablement of key initiatives (16%)
Does analytics improve competitive positioning?
– Significantly improved (25%)
– Fairly improved(30%)
Who oversees analytics initiatives?
– Business unit or division head(23%)
– No single executive(20%)
Analytics is centralized or decentralized?
– Localized analytical capabilities that are beginning to share tools, data, and people (38%)
– A central analytical group with some coordination over analytical activity across the enterprise(30)%
What are the leading barriers to analytics use?
– No centralized approach to capturing and analyzing data for our company’s use(32%)
– Our company lacks proper technology and infrastructure to capture the data(23%)
Data management challenges.
– Un-integrated (31%)
– Adequate central data repositories (31%)
Key barriers to use data
– Basic reporting tools with limited predictive analytics tools (49%)
– Spreadsheets and basic reporting tools (18%)
The following is an interpretation using latent dimensions for directional weights.
While organizations realize the importance of analytics,
– nearly half of them do not see that as a competitive advantage, means they have no clue
– analytics does not strong thought leader, there is no common institutionalized platform
– lacks centralized data management in coordination with analytics
– lacks right tools
See more details here: