“It is valuable to study the high performers and also get a good benchmark of where various industries succeed or struggle," said Jack Phillips, CEO and Co-Founder of IIA
Portland, Oregon (PRWEB) July 12, 2016
The International Institute for Analytics (IIA) recently completed and published market research on enterprise analytics maturity that reveals significant gaps in analytics performance between industries. This market study includes responses from 50 companies across 10 industries, including “digitally native” high performing companies and blue-chip industrial firms, using IIA’s proprietary analytics maturity assessment model.
One of the key findings from the study is that analytics maturity varies significantly across industries and among the best companies in each industry. Additionally, the gap between “digital native” companies and traditional companies is noteworthy. Facing disruption from digital competitors requires that companies of all types must continue to invest in the development of analytics capabilities to remain competitive.
The report summarizes the findings and provides an overview of the state of analytics maturity across industries. It also provides a view on how analytics impacts corporate performance, and actionable advice to boost a company's analytics initiatives.
IIA’s library of research focuses on how the adoption of data and analytics by certain firms leads to competitive differentiation and higher performance. The report provides a clear picture of what high performance looks like for those companies competing on analytics and identifies which companies are getting it right.
“As firms devote more and more resources to their data and analytics programs, IIA has been tracking the state of analytics maturity across industries. It is valuable to study the high performers and also get a good benchmark of where various industries succeed or struggle,” said Jack Phillips CEO and Co-Founder of IIA.
IIA members can download a copy of the full report here. Non-members may download an abbreviated copy of the report here. You can also listen to a recording of the webinar on this same topic here. If you are interested in IIA’s Analytics Maturity Assessment, visit http://iianalytics.com/services/benchmarking
The International Institute for Analytics (IIA) is an independent research and advisory firm for organizations committed to accelerating their business through the power of analytics. Co-founded by Research Director Thomas H. Davenport and CEO Jack Phillips, IIA works across a breadth of industries to uncover actionable insights from its network of analytics practitioners, industry experts and faculty. IIA’s Enterprise Research clients gain access to an extensive research library, faculty-moderated executive roundtables and phone conversations. IIA also provides analytics benchmarking, dynamic inquiry and advisory services to its members, allowing business leaders and analytics professionals to keep their fingers on the pulse of analytics in the new data economy. Since its inception, SAS, Intel, Teradata, and Dell have supported IIA as underwriters. For more information about IIA, and how you can become a member, visit http://www.iianalytics.com or call 503-467-0210.