How COVID-19 is changing analytics
Emailed on May 15th 2020 in The Friday Forward
Dresner Advisory Services’ published interim findings from their 2020 COVID-19 Impact Survey this week, providing a glimpse into business’ intentions regarding analytics and BI spending.
Here are the highlights:
49% of enterprises are either launching new analytics and BI projects or moving forward without delay on already planned projects.
There’s been a 68% increase in enterprises who say cloud computing is critical to their operations between February to April of this year alone.
BI budgets have continued to stabilize over the last three months, countering the overall trend of IT budget cuts across all organizations globally.
Self-service BI’s importance grew from 25% in February to 34% in April, reflecting enterprises’ needs for providing analytics users enhanced capacities to do their reporting and analytics.
30% of enterprise leaders consider collaborative BI critical to ongoing business operations given the distributed nature of their teams today.
