Report
Achieving Success with Modern Analytics
This report examines best practices for modern analytics success. It finds many firms struggle with adoption due to skills gaps, data literacy, and technical complexity. Successful organizations have committed analytics leaders, prioritize cloud platforms, invest in data literacy, and use automated tools for data management and analytics. They also establish governance for data and analytics, build modern infrastructures to handle diverse data, and measure KPIs tied to business goals. Recommendations include fostering a data-driven culture, planning for automation and MLOps, ensuring data quality, and exploring data monetization opportunities early.