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Data to Decisions. What's the Hold Up?

DATA to DECISIONS What's the Hold Up? 1 Data Variety, Not Volume, is the Biggest Bottleneck Business leaders struggle with the complexity and growing number of data sources and formats that need to be blended and harmonized on the fly for a holistic view. 84% Vast majority need to blend 4+ data sources. Nearly half report 49% they need to blend 8 to 15+ sources. 2 Data Wrangling is the Main Time Sink More than two thirds Business leaders can't report data wrangling is taking many days, weeks, or not soon enough get data analysis fast enough to make informed decisions and avoid lost opportunities. Wrangling many data sources is the main factor standing in the way. 70% As a result, 71% of stakeholders report they aren't getting Q information to make decisions right away 71% 3 Static Platforms Hinder Dynamic Decision Making Stakeholders need a better way to engage and collaborate on insights in real time and in context to reach conclusions faster. 69% 59% 54% Top three methods used to share, discuss, or collaborate are static or siloed, which causes problems and inconsistencies in insights. Use email Use dashboards Use Excel documents Top Complaints are Silos, Lack of Time and Skills Not having the time, right solutions, staffing resources, or budget are the most frequent complaints for why enterprises aren't getting more out of their data. 49% 44% 38% 29% Don't have time Have too Don't have Don't have data budget many silos/systems not working well together jockeys on staff to do it needed resources to support needs Source: Research survey of 518 business leaders from large organizations at Strata + Hadoop World, October 2014. ClearStory DATA No w Y ou see It"

Data to Decisions. What's the Hold Up?

shared by ClearStory on Feb 05
Business leaders already struggle with a broadening variety of data sources. Based on a poll of 500+ business leaders at Strata + Hadoop World: data variety, not volume, is the biggest bottleneck hold...



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