Having the ability to quickly and effectively react to customer needs and market demands is invaluable to a business. Yet too many decision makers are stymied by a lack of useful insight into their data. However, agility and efficacy in analytics is possible. With the right mindset, tools and technologies, organizations can become much more adroit about how they use the power of analytics to improve decision making.
A recent survey indicated that an impressive 61% of organizations around the globe have data waiting to be processed. Unfortunately, a mere 39% felt they understood how to extrapolate the value from that data.
In order to unlock the value found in data, organizations must have:
The analytics tools needed to drive fast and flexible business decisions are available. However, it also takes the right mindset for the power of analytics to improve decision making.
You can read more about what IT decision makers are thinking about a variety of data-related topics here.