Businesses Lack Confidence in Data Analytics

A Blazent study indicated the pace of adoption for more sophisticated algorithmic analysis is accelerating more quickly than originally anticipated. Despite a strong appetite for advanced analytics technologies, more than half of businesses have low confidence in their organization’s data quality management practices, according to a 451 Research and Blazent survey of 200 C-level and senior IT leaders.The study indicated the pace of adoption for more sophisticated algorithmic analysis is accelerating more quickly than originally anticipated, with 22 percent of respondents already having a program in place and 42 percent planning to implement one in the next 12 months.”As the data shows, some enterprises are curating anywhere from 50 to 200 disparate data sources at any given time. With this immense volume of data, it’s easy to understand that the…


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