According to a survey by research and advisory firm Gartner, 91% of organisations have not yet reached a ‘transformational’ level of maturity in data and analytics.
The survey of 196 organisations asked respondents to rate their organisations according to Gartner’s five levels of maturity for data and analytics.
Findings revealed that 48% of organisations in Asia Pacific (APAC) reported their data and analytics maturity to be in the top two levels. This compares to 44% in North America and just 30% in Europe, the Middle East, and Africa (EMEA).
The majority of respondents worldwide assessed themselves at level three or level four, 21% of respondents were at level two and 5% at level one. Only 9% of organisations surveyed reported themselves at level five.
“Don’t assume that acquiring new technology is essential to reach transformational levels of maturity in data and analytics,” said Heudecker. “First, focus on improving how people and processes are coordinated inside the organisation, and then look at how you enhance your practices with external partners.”
The organisations surveyed reported a range of barriers that prevent them from increasing their use of data and analytics. The three most common barriers were defining data and analytics strategy, determining how to get value from projects and solving risk and governance issues.
“These barriers are consistent with what Gartner hears from client organisations who are at maturity levels two and three,” said Jim Hare, research vice president at Gartner. “As organisational maturity improves to enterprise level and beyond, organisational and funding issues tend to rise.”
Analysts will discuss these trends at the Gartner Data and Analytics Summit taking place 19-21 March 2018 in London, UK.