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Enterprise Strategy Group—From Data to Decisions: The Power of Decision Intelligence

A new survey report from Enterprise Strategy Group uncovers how traditional analytics tools are considered insufficient for the needs of today’s complex, industry-leading organizations. The report also looks closely at how practitioners are thinking about—and investing in—decision intelligence-enabling technologies throughout their organizations.

For example, here’s an excerpt:

“[Decision intelligence] applies data science within the frame of business problems and identifies the best course of action by analyzing a large range of possibilities. This is particularly important as the volume of data being analyzed grows and the different dimensions in which that data can be connected gets more complex. It’s a big reason why nearly 7 out of 10 respondents say DI is among their organizations’ top 5 business priorities for the next 12-18 months.”

In addition to a chapter called The Rise of Decision Intelligence, the eBook includes sections on fueling innovation with augmented analytics; building trust and efficiency with governed self-service;  empowering the business with embedded analytics; and the increasing focus on the last mile of analytics.

Here are a few highlights from the eBook:

  • The budget allocation for data analytics technologies is expected to grow by 54% in the next 24 months.
  • Organizations cited AI-driven, self-service experience most often as the characteristic they would most like to have in their BI toolset/ecosystem
  • 42% of organizations reported that more than 50% of their data assets are analyzed by AI solutions today
  • 3 of the top 5 benefits achieved by users as a result of embedded analytics are productivity improvements of data teams, developers, and end-users
  • 87% of organizations say they are still exporting data to spreadsheets, a telltale sign that best practices around data-driven decision-making frequently fall apart

Get your complimentary copy of From Data to Decisions: The Power of Decision Intelligence today!