Usage, implementation top list of analytics technology challenges
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Technical issues are high on the list of challenges that businesses are facing with advanced analytics technology, according to the SearchBusinessAnalytics.com survey. Implementing analytics technology, managing multiple analytics systems and tools, and consolidating analytics technologies all cracked the top four challenges cited by respondents whose organizations were using or had plans to deploy advanced analytics software. Those answers were chosen, respectively, by 38%, 29% and 26% of the respondents, who could select up to three challenges.
But technical hurdles aren’t the only part of the analytics equation. Using analytics effectively topped the list of challenges in the survey, with 42% of existing or planned analytics users saying that it was one of their biggest issues. In addition, expanding analytics technology to more end users and getting funding and executive support for analytics projects tied for fifth place among the challenges, at 25%. According to industry analysts, deploying analytics tools and software requires a sharp focus on the human aspects of projects, such as collaborating with business users and ensuring that they successfully adopt the new technology.
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