Data Nugget: Still Struggling With Data

Data Nugget: Still Struggling With Data

Businesses of all types use data analytics to gain a competitive edge and stay ahead of external trends and forces, but for many organizations, understanding and using big data remains a top challenge.

Only 9 percent of businesses surveyed by the Institute of Management Accountants said they have completely implemented their desired analytics techniques and technologies.

What stage of implementation of leading-edge analytics techniques and technologies is your organization at right now?

58 percent: “We’re working on it—it’s still being implemented.”

23 percent: “We’ve only just begun.”

9 percent: “Completely implemented.”

6 percent: “Not sure.”

4 percent: “Still in the scoping-out stages.”

Source: Institute of Management Accountants, The Data Analytics Implementation Journey in Business and Finance, January 2019

Associations Now Staff

By Associations Now Staff

The Associations Now team of editors covers all aspects of association management in print, blogs, and daily news. MORE

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