Interest in using advanced analytics to improve business operations is growing

Submitted on: Tue, 11.26.2013 11:06pm - admin |

According to results from InformationWeek's State Of Analytics, BI and Information Management survey*, 67% of respondants would like to use advanced analytics to improve their business operations.

What is driving this interest? The need to:

  • Optimize business operations
  • Identify business risks
  • Forecast financial or operational results

A key feature in advanced analytics is visual data discovery that is business user-friendly and self-service, two goals we had in mind as we designed the interactive charting features of MITS Discover 9.0!

Another survey result that resonated with what we are seeing in the wholesale distribution market? 58% of respondents listed "accessing relevant, timely or reliable data" as the biggest impediment to leveraging information for business performance improvements.

Read more survey results and download the full report here.

* The survey includes feedback from of 248 organizations using or planning to deploy data analytics, business intelligence or statistical analysis software.