State of Data and Analytics Second Edition

This report presents the findings of the second edition of the State of Data and Analytics, focusing on the transformative impact of AI on data infrastructure, management, and governance. It highlights the increasing recognition among business leaders of the importance of being data-driven, with 63% now describing their organizations as such, up from 53% in 2023. However, the report also reveals a significant gap between this recognition and the ability to effectively utilize data for business outcomes, as many organizations struggle with data confidence and the accuracy of their insights. The report outlines the challenges faced by data and analytics leaders, including the need for improved data governance frameworks and the management of unstructured data. It emphasizes the urgency for companies to adapt their data strategies to leverage AI effectively, ensuring that data remains a reliable foundation for decision-making in an increasingly complex business landscape. The findings are based on surveys conducted with data and analytics leaders globally.