2023 State of Cloud Analytics Report: Insights and Recommendations for Decision-Making
Cloud Analytics Drives Profitability and Helps Navigate Economic Uncertainty. The Cloud Enables True Data Democratization. Business and Technological Drivers for Cloud Analytics. Cloud Adoption: Four Steps to Securing Investment.
Cloud Analytics Platforms for Business Decision-Making
- Business leaders face challenges in managing a challenging economy, geopolitical pressures, social and environmental responsibility, global competition, talent shortages, and more.
- Leaders are called upon to make confident, data-driven decisions faster.
- The irony is that businesses are generating more data than ever while still struggling to use it strategically to compete and grow.
- Cloud analytics is a growing trend driven by big data challenges and digital transformation.
- IT typically leads cloud analytics strategies, with two-thirds of buying decisions involving the C-Suite or board.
- The cloud enables true data democratization, enabling collaboration and enabling better decision-making.
- The most common analytics end users are data scientists, data architects, data engineers, technical or data executives or managers, and line-of-business executives and managers..
- 91% of respondents agree that analytics solutions should be made available to a broader employee population.
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