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MicroStrategy Global Analytics Study Finds 97% of Real-time Enterprise Decisions are Data-deprived

Published: 2019-10-21 12:00:00 ET
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For 60% of Employees, It Takes Hours or Days to Get the Information They Need, While Only 3% Can Find Information in Seconds

TYSONS CORNER, Va.--(BUSINESS WIRE)-- MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of enterprise analytics and mobility software, today released the results of its “2020 Global State of Enterprise Analytics” report revealing that, despite 94% of organizations believing data and analytics is important to their digital transformation and business growth, most are not enabling a data-driven culture.

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Source: MicroStrategy 2020 Global State of Enterprise Analytics

Source: MicroStrategy 2020 Global State of Enterprise Analytics

Below are the top findings of the report:

  • Compared to executives and management employees, front-line employees are data-deprived and have the least access to data and analytics. The contrast between the data-privileged and the data-deprived is most pronounced in the financial services industry, with just 11% of front-line employees getting access to analytics reports.
  • For 60% of employees, it takes hours or days to get the information they need, while only 3% can find information in seconds.
  • When those who aren’t adept at analytics need to make a data-driven decision, 79% have to ask IT or a business analyst for help. Only 7% use a self-service tool.
  • Investments in analytics initiatives, namely talent and technology, are increasing. Seventy-five percent of large enterprises and 59% of smaller companies (