In brief
- We are entering a new era of data centricity, with over half of senior executives now identifying data and analytics as their top investment priority.
- This shift is enabled by a sophisticated new tech stack of cloud, AI and the Internet of Things – the top technology priorities for transformation leaders.
- The most successful technology transformations put humans – committed leadership and empowered employees – at its center.
Supercharged by emerging technologies, the world is entering an entirely new generation of data and analytics. Not tomorrow, right now – fifty-three percent of senior executives have identified data and analytics as their top investment priority in the next two years. This is an increase of 50% since 2020.
These next generation analytics won’t just appear out of the ether. They will be built on a flexible, agile and fast-evolving combination of technology, ecosystems and talent.
Data is emerging as the strategic currency of the digital age. It will be generated based on the success of how humans work together across an enterprise including functions, data and analytics teams and technology, to drive a cultural shift.
Our bi-annual Tech Horizon research, which was completed in Q4 of 2021, is part of the CIO Imperative Series that provides critical answers and actions to help CIOs reframe the future of their organizations. The study shows that successful companies are leaping upward to create a data-centric organization to improve every decision, process and interaction. It learns as it goes. It anticipates. It collaborates. It outthinks the competition. Humans are at its center.
In this edition of Tech Horizon, we present a vision of data centricity as an insight engine that unlocks the value of operational, customer and market data. We then present a pragmatic approach to deploying the technology foundation that will support the new data world.
This is happening right now with your peers and competitors – tech-enabled transformations that exceed expectations are forecasting an average annual revenue growth of 5.7% vs. 4.0% for transformations falling short of expectations. Where are you on the strategic journey to the next generation of data and analytics?
CLICK HERE FOR MORE NEWS…
Source:
