Advanced Analytics 2021 Survey

Question Title

* 1. What types of advanced analytics are you currently leveraging? Please select all that apply

Machine Learning

Predictive Analytics

Prescriptive Analytics

Data Mining

Text Mining

Big Data Analytics

Pattern Matching

Data Visualization

Multivariate Statistics

Graph Analysis

Simulation

Complex event processing (CEP)

Cohort analysis

High performance analytics

Streaming analytics

Other (please specify)

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* 2. How is your organization benefiting from advanced analytics? Please check all that apply:

General cost-cutting and increased efficiency

Business process automation & optimization

RPA Deployment

Machine Learning & AI Deployment

Enables digital transformation

Personalized & targeted marketing campaigns

Increased understanding of competitive landscape

Improved customer experience

Demand planning & forecasting

Develop new products & services

Resourcing, staffing & scheduling

Maximizing revenue & accelerating growth

Sales funnel tracking & optimization

Supply chain & logistics optimization

Other (please specify)

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* 3. What are the top 3 ways advanced analytics adds value to your organization? (short answer)

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* 4. What percentage of your org’s advanced analytics initiatives have met or exceeded expectations?

Less than 25%

26-50%

51-75%

Over 75%

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* 5. When it comes to tools & technology, do you think your organization is properly resourced to deliver advanced analytics-driven insights at this time?

Yes

Somewhat

I don’t know

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* 6. When it comes to data literacy and using data to make better decisions, how would you rank your enterprise?

High

Medium

Low

Unsure

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* 7. What are the top 3 challenges associated with implementing advanced analytics? (short answer)

Challenge #1

Challenge #2

Challenge #3

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* 8. Do you expect your final, approved budget for advanced analytics to change over the next year?

I expect it to increase

I expect it to decrease

No, I expect it to stay the same

I don’t know

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* 9. What percentage of your budget is allocated towards advanced analytics solutions and services?

Less than 10%

10-25%

26-50%

51-75%

Over 75%

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* 10. What are your top 3 advanced analytics tools and enabling technologies?

Tool #1

Tool #2

Tool #3