Foundry’s 2022 Data & Analytics Study reveals key criteria IT decision-makers prioritize when evaluating vendors, including data reporting and visualization capabilities, self-service analytics for non-technical users, security and governance features, infrastructure integration, and data integration pipelines. The study shows an average budget of $12.3 million planned for data-driven initiatives over the next 12 months, with 55% of organizations increasing their data-focused investments. The primary driver for these initiatives is improving and automating internal business processes, reflecting the rising importance of data in strategic decision-making.

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