Revealed for the first time:
The commercial impact of organizations’ investment into the intelligent use of data – and the consequences of doing so unadvisedly
Beware the ‘Data Ditch’!
Almost all NA and EMEA mid-tier organizations and enterprises are actively investing in their Data Maturity and aiming to maximise the value of their data.
But insufficient resource, investment and skills in critical areas such as data governance, engineering or safety means more than 50% are actually performing worse than the “data laggards” they have “outrun”, and certainly worse than those who excel in the strategic and intelligent use of data.
These organizations with data initiatives built on unstructured and unsafe foundations suffer from:
- Inaccurate and inefficient data analytics and data science, impacting productivity
- …and speed to market
- …and customer satisfaction and retention.
- All of which creates employee dissatisfaction
- …and harms the internal perception of the data leadership.
- While the wasted investment negatively impacts profitability.
This is the ‘Data Ditch’ – and the chances are, you are about to slip into it.
How the research was built
500+ NA and EMEA mid-tier organizations and enterprises were assessed in each of the 8 key pillars of Data Maturity, and self-rated their business performance across 10 metrics.
The 8 Pillars of Data Maturity
Privacy by Design
IT Cost Management
The 10 Business Performance Metrics
Speed to Market
Ability to Innovate
Internal View of Data Leaders