What is a business without great challenges?
Heads of data analytics arguably face some of the most interesting challenges in business, due to the enormous potential of a newborn sector. According to the latest forecast from Gartner, Inc: “Global revenue in the business intelligence (BI) and analytics software market is forecast to reach $18.3 billion in 2017, an increase of 7.3 percent from 2016. By the end of 2020, the market is forecast to grow to $22.8 billion”
It is not just the rapid growth itself, but the speed that the market is growing, capacity of companies to build and adopt a data driven culture, the pace and volume of new emerging and innovative technologies and the demand for new skills in the workforce.
A recent survey of heads of data analytics highlighted those as as top challenges:
Every company today is in a different maturity phase in their analytics journey, so there is not just one silver bullet strategy to address all issues. Finding a partner with the right experience of those could be critical for the success of your strategy. In SalesBI we have experience helping companies and teams to overcome these challenges with a solid and phased plan to address all these areas.
Contact us for a free consultancy meeting so we can understand your challenges and how can we help you build solutions.