Bloomberg recently conducted a survey of 930 businesses across the globe to provide insight into the state of business analytics in organisations today. The results brought back a focus on the basics:
• Business analytics is still in the “emerging stage.” While analytics has gone main stream, most organisations still rely on traditional technology. Spreadsheets are the number-one tool used for business analytics.
• Enterprises – small, mid, large, mega — have been collecting tons of data. They are dying to get more insights from it because it’s too much of a pain to extract anything from the databases.
• Organisations are proceeding cautiously in their adoption of analytics. Use of business analytics within companies has grown over the past year, but at a moderate rate. Analytics also tend to be used narrowly within departments or business units, not integrated across the organisation.
• Intuition based on business experience is…
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The TDWI Big Data Maturity Model and Assessment is set to launch November 20th. Krish Krishnan and I have been working on this for a while, and we’re very excited about it. There are two parts to the Big Data Maturity Model and Assessment tool. The first is the actual TDWI Big Data Maturity Model Guide. This is a guide that walks you through the actual stages of maturity for big data initiatives and provides examples and characteristics of companies at different stages of maturity. In each of these stages, we look across various dimensions that are necessary for maturity. These include organizational issues, infrastructure, data management, analytics, and governance.
The second piece is the assessment tool. The tool allows respondents to answer a series of about 75 questions in the organization, infrastructure, data management, analytics, and governance dimensions. Once complete, the respondent receives a score in each dimension as…
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I’ll have to check these out.