AI Data & Analytics Annual Survey 2022

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Data & Business Analytics

Question Title

* 1. Do you currently have an organizational data strategy in place?

Yes

No, but plan to within the next year

No, but plan to within the next five years

No, establishing a strategy is not a priority for us

Not sure

Question Title

* 2. How is your organization currently using or actioning analytics? Please select all that apply.

Increase operational efficiency & productivity

Identify & generate new revenue streams

Improve financial performance

Enable digital transformation

Enhance customer experience

Boost overall competitive advantage

Elevate the employee experience

Facilitate improved decision making across the entire enterprise

Enable AI, ML and/or predictive analytics

Boost sales & marketing efforts

Other (please specify)

Question Title

* 3. Looking forward over the next 5 years, where do you see data and analytics delivering the most value?

By increasing operational efficiency & productivity

Identifying & generating new revenue streams

Improving financial performance

Enabling digital transformation

Enhancing customer experience

Boosting overall competitive advantage

Elevating the employee experience

Facilitating improved decision making across the entire enterprise

Enabling AI, ML and/or predictive analytics

Boosting sales & marketing efforts

Other (please specify)

Question Title

* 4. What are your biggest inhibitors when it comes to actioning data and analytics? Please select all that apply.

Budget limitations

Lack of technology or IT infrastructure

Lack of leadership buy-in

Lack of skilled talent

Data security & privacy concerns

Data quality concerns

Other (please specify)

Question Title

* 5. What percentage of your company has access to using or actioning data & analytics?

Under 10%

11-25%

26-50%

51-75%

Over 76%

Question Title

* 6. What types of internal data does your organization use for decision-making? (select all that apply)

Finance & accounting

Customer & CRM data

Main Data

Employee Data (HR)

IoT

Product

R&D

Manufactucturing

Supply Chain & Logistics

Sales & Marketing

Other (please specify)

Question Title

* 7. Do you expect your final, approved data & analytics budget to increase over the next year?

Yes we plan to spend more

No, our investment will stay the same

Not sure

No, I expect it to decrease

Question Title

* 8. In which of the following have you invested in the last 12 or intend to invest in the next 12 months? (Select all that apply)

	Already implemented	Plan to implement
AI/ML Development Tools	AI/ML Development Tools Already implemented	AI/ML Development Tools Plan to implement
AI/ML Monitoring solutions	AI/ML Monitoring solutions Already implemented	AI/ML Monitoring solutions Plan to implement
Cloud Data Warehouse Solutions	Cloud Data Warehouse Solutions Already implemented	Cloud Data Warehouse Solutions Plan to implement
Data Acquisition Solutions	Data Acquisition Solutions Already implemented	Data Acquisition Solutions Plan to implement
Data Democratization & Literacy	Data Democratization & Literacy Already implemented	Data Democratization & Literacy Plan to implement
Data Governance Solutions	Data Governance Solutions Already implemented	Data Governance Solutions Plan to implement
Data Integration Solutions	Data Integration Solutions Already implemented	Data Integration Solutions Plan to implement
Data Labeling	Data Labeling Already implemented	Data Labeling Plan to implement
Data Lakes	Data Lakes Already implemented	Data Lakes Plan to implement
Data Mining Solutions	Data Mining Solutions Already implemented	Data Mining Solutions Plan to implement
Data Quality & Enrichment Solutions	Data Quality & Enrichment Solutions Already implemented	Data Quality & Enrichment Solutions Plan to implement
Deep Learning Frameworks	Deep Learning Frameworks Already implemented	Deep Learning Frameworks Plan to implement
Enterprise Data Catalogue Solutions	Enterprise Data Catalogue Solutions Already implemented	Enterprise Data Catalogue Solutions Plan to implement
Enterprise Data Pipeline Solutions	Enterprise Data Pipeline Solutions Already implemented	Enterprise Data Pipeline Solutions Plan to implement
Enterprise Data Platforms	Enterprise Data Platforms Already implemented	Enterprise Data Platforms Plan to implement
Enterprise Information Management Solutions	Enterprise Information Management Solutions Already implemented	Enterprise Information Management Solutions Plan to implement
External/Alternative Data Sources	External/Alternative Data Sources Already implemented	External/Alternative Data Sources Plan to implement
Main [Master] Data Solutions	Main [Master] Data Solutions Already implemented	Main [Master] Data Solutions Plan to implement
Operational Database Management Solutions	Operational Database Management Solutions Already implemented	Operational Database Management Solutions Plan to implement
Predictive & Prescriptive Analytics Solutions	Predictive & Prescriptive Analytics Solutions Already implemented	Predictive & Prescriptive Analytics Solutions Plan to implement
Workflow Analytics	Workflow Analytics Already implemented	Workflow Analytics Plan to implement

Other (please specify)

Question Title

* 9. What types of external/alternative/synthetic data does your company leverage for decision making? (Select all that apply)

Shared data from vendors & partners Government & Public Data

Open Source Data from research institutions & NGOS

Other open source data (i.e. social media, company websites)

Data purchased from 3rd party vendors

Other (please specify)

Question Title

* 10. Are you aware of any data regulation coming into effect in your business region over the next 12 months?

Yes

I don't know

Question Title

* 11. What, if any, percentage of your data analytics budget will be allocated to adhering to new regulation over the next 12 months?

Less than 5%

5-10%

11-35%

36-55%

56-75%

Over 76%