80 Percent of IT Decision Makers Say Outdated Tech is Holding Them Back (betanews.com)

A study by analysts Vanson Bourne for self service automation specialist SnapLogic looks at the data priorities and investment plans of IT decision makers, along with what's holding them back from maximizing value. From a report: Among the findings are that 80 percent of those surveyed report that outdated technology holds their organization back from taking advantage of new data-driven opportunities. Also that trust and quality issues slow progress, with only 29 percent of respondents having complete trust in the quality of their organization's data. Nearly three-quarters (74 percent) say they face unprecedented volumes of data but struggle to generate useful insights from it, estimating that they use only about half (51 percent) of the data they collect or generate. What's more, respondents estimate that less than half (48 percent) of all business decisions are based on data.

Comments

Re:Gut-Based Decisions?

[Cajun Hell]

What's more, respondents estimate that less than half (48 percent) of all business decisions are based on data.

So what you are saying, is that over half of all business decisions are based on "gut feelings"?

It's only estimated to be about half, based on their gut feelings. The data tells a different story about how much the data is getting used. I'm trying to make sense of the data but the math is actually kind of hard. But my gut tells me that this data tells me it's about half the decisions.

I'll revise my estimate as more guts come in.