FACT:
How would you rate your organization’s financial performance in its most recent fiscal year compared with that of your competitors?
14%
FACT:
The Road Ahead
Beyond Competitive Advantage: The Financial Edge From Strategic Use of Data
FACT:
26%
New Capabilities for the Long Run
Companies with financial performance on par or behind peers
Collecting and managing vast amounts of data:
Companies that collect a large amount of data but do not consistently maximize their value
Data wasters: companies that collect data, yet severely underuse them
63%
Where are your company's most significant challenges related to big data initiatives?
--Mary Merkel, chief underwriting officer, Zurich Insurance
The 2011 and 2015 percentage of respondents who said the CIO is primarily responsible for all data initiatives
FACT:
The number of companies rating themselves as "very competent" in data-related activities
FACT:
The respondents who say data has "completely changed" the way they do business. Up from 9% in 2011
Click here to view full report
-- Alan Feeley, managing director of global shared services at Siemens, a global engineering firm.
FACT:
-- Greg Taffet, chief information officer, U.S. Gas & Electric
Companies with financial performance ahead of peers
FACT:
Ensuring data security and privacy:
Challenges Remain for Every Type of Organization
FACT:
FACT:
Companies that have well-defined data-management strategies that focus resources on collecting and analyzing the most valuable data
Almost 8 of 10 "Strategic Data Managers Hold an Edge Over Competitors”
“Data and analytics are no longer opportunistic. They are now formal research areas for our company.”
The number of companies rating themselves as "very competent" in data-related activities
The 2011 and 2015 percentage of respondents who said the CIO is primarily responsible for all data initiatives
The share of Strategic Data Managers who say "We put nearly all of the data that is of real value to good use"
“Today, support from the business is strong. The business is asking for data and analytics—they have too much to do and can’t do everything in spreadsheets.”
Data Grows Into a Strategic Role
How companies describe themselves
FACT:
The respondents who say data has "completely changed" the way they do business. Up from 9% in 2011
Maintaining data quality:
63%
“Today, prioritizing has become very important. Business executives start by asking ‘what are the key business problems to solve’ ”
Big Data's
Evolution:
26%
14%
Companies that understand the value of data and are marshalling resources to take better advantage of them