Executives are not comfortable with analytics platforms, and still prefer their spreadsheets | Big Data Analytics - ZDNet

AI and advanced analytic tools are present in most enterprises, but so are data silos and spreadsheets by Joe McKendrick, author and independent analyst.  

Photo: Michael Krigsman

For close to two decades, vendors, analysts and pundits alike have been predicting the death of the spreadsheet, as executives, managers and professionals move on to connected, intelligent analytics platforms to aid in their decision-making. It's 2019, and guess what? Everyone still loves their spreadsheets.

A recent study of 1.048 executives out of Deloitte finds most companies are not mature when it comes to business analytics; and 62 percent still rely on spreadsheets for their insights.  While 76 percent of survey respondents report that their analytical maturity has increased over the past year, most are still using traditional tools such as spreadsheets (62 percent) and business intelligence programs (58 percent, combined)...

They also see data analytics as something everyone needs to build into their jobs. It's time to "eliminate the idea that only highly-skilled mathematicians or data scientists are the only ones responsible for business analytics," they state. Spread accountability broadly and train all employees about the role of analytics in their respective jobs.
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Source: ZDNet