ADA 2022 Outlook Report

AI Data & Analytics Network's 2022 Outlook Survey

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The survey is broken up into 7 sections and should take less than 10 minutes to complete:

Actioning Data
Cloud Strategy
Data Visualization & Virtualization
Data ROI/Monetization
Advanced Analytics
Applied AI
Data Democratization

Thank you so much for your time and we can't wait to share the results!

Part 1: Actioning & Managing Data

Question Title

* 1. Do you currently have an organizational data strategy in place?

Yes

No, but plan to within a year

No, but plan to within 5 years

No, not a priority

I don't know

Question Title

* 2. How are data and analytics currently adding value to your organization? Please your top 3 areas:

Increasing operational efficiency & productivity

Enabling digital transformation

Identifying & generating new revenue streams

Facilitating improved decision making across the entire enterprise

Improving financial performance

Enhancing customer experience

Enabling AI, ML and/or predictive analytics

Boosting sales & marketing efforts

Boosting overall competitive advantage

Elevating the employee experience

Other (please specify)

Question Title

* 3. Where do you see data and analytics adding the most value 5 years from now? Please select your top 3 areas:

Increasing operational efficiency & productivity

Enabling digital transformation

Identifying & generating new revenue streams

Facilitating improved decision making across the entire enterprise

Improving financial performance

Enhancing customer experience

Enabling AI, ML and/or predictive analytics

Boosting sales & marketing efforts

Boosting overall competitive advantage

Elevating the employee experience

Other (please specify)

Question Title

* 4. What percentage of your data comes from internal sources?

50%

100%

Clear

i We adjusted the number you entered based on the slider’s scale.

Question Title

* 5. What percentage of your data comes from external/alternative sources?

50%

100%

Clear

i We adjusted the number you entered based on the slider’s scale.

Question Title

* 6. What is your total data and analytics budget?

Under $250K

$251K-$750K

$751K-$1.5M

Over $1.5M

Prefer not to say

Question Title

* 7. Do you expect your final, approved budget for managing and actioning data & analytics to increase?

Increase

Decrease

Stay the same

I don't know

Not investing in this area

Question Title

* 8. What percentage of your budget is allocated towards data & analytics solutions?

1-5%

6-10%

11-35%

36-55%

56-75%

More than 75%

I don't know

Question Title

* 9. In which of the following are you actively investing in? Please select all that apply:

	Current investment	Planned future investment
AI/ML Development solutions	AI/ML Development solutions Current investment	AI/ML Development solutions Planned future investment
AI/ML Monitoring solutions	AI/ML Monitoring solutions Current investment	AI/ML Monitoring solutions Planned future investment
Cloud Data Warehouse Solutions	Cloud Data Warehouse Solutions Current investment	Cloud Data Warehouse Solutions Planned future investment
Data Acquisition Solutions	Data Acquisition Solutions Current investment	Data Acquisition Solutions Planned future investment
Data Democratization & Literacy	Data Democratization & Literacy Current investment	Data Democratization & Literacy Planned future investment
Data Governance Solutions	Data Governance Solutions Current investment	Data Governance Solutions Planned future investment
Data Integration Solutions	Data Integration Solutions Current investment	Data Integration Solutions Planned future investment
Data Labeling	Data Labeling Current investment	Data Labeling Planned future investment
Data Lakes	Data Lakes Current investment	Data Lakes Planned future investment
Data Mining Solutions	Data Mining Solutions Current investment	Data Mining Solutions Planned future investment
Data Quality & Enrichment Solutions	Data Quality & Enrichment Solutions Current investment	Data Quality & Enrichment Solutions Planned future investment
Deep Learning Frameworks	Deep Learning Frameworks Current investment	Deep Learning Frameworks Planned future investment
Enterprise Data Catalogue Solutions	Enterprise Data Catalogue Solutions Current investment	Enterprise Data Catalogue Solutions Planned future investment
Enterprise Data Pipeline Solutions	Enterprise Data Pipeline Solutions Current investment	Enterprise Data Pipeline Solutions Planned future investment
Enterprise Data Platforms	Enterprise Data Platforms Current investment	Enterprise Data Platforms Planned future investment
Enterprise Information Management Solutions	Enterprise Information Management Solutions Current investment	Enterprise Information Management Solutions Planned future investment
External/Alternative Data Sources	External/Alternative Data Sources Current investment	External/Alternative Data Sources Planned future investment
Main [Master] Data Solutions	Main [Master] Data Solutions Current investment	Main [Master] Data Solutions Planned future investment
Operational Database Management Solutions	Operational Database Management Solutions Current investment	Operational Database Management Solutions Planned future investment
Predictive & Prescriptive Analytics Solutions	Predictive & Prescriptive Analytics Solutions Current investment	Predictive & Prescriptive Analytics Solutions Planned future investment
Workflow Analytics	Workflow Analytics Current investment	Workflow Analytics Planned future investment

Other (please specify)

Part 2: Cloud Strategy

Question Title

* 10. Which of the following best describes your enterprise cloud strategy?

On-premises

Single Private Cloud

Single Public Cloud

Hybrid

Multi-Cloud

We don’t have a cloud strategy

I don’t know

Question Title

* 11. What are your top strategic cloud priorities for the next year? Choose up to 3:

Optimize cloud costs

Reduce cloud sprawl and complexity

Migrate more workloads into the cloud

Developing cloud-first strategies

Expand use of containers

Expand use of serverless

Automate cloud security

Expand geographical coverage

Other (please specify)

Question Title

* 12. Do you expect your final, approved budget for cloud management solutions to increase over the next year?

Yes

No, I expect it will stay the say

No, I expect it to increase

I don’t know

N/A

Question Title

* 13. What percentage of your budget do you expect to devote to cloud management solutions over the next year?

1-10%

11-25%

26-50%

51-75%

>75%

Part 3: Data Visualization & Virtualization

Question Title

* 14. What percentage of your budget is allocated towards data visualization and virtualization solutions?

	0%	1-5%	6-25%	26-50%	51-75%	Over 75%	I don't know
Data Visualization	Data Visualization 0%	Data Visualization 1-5%	Data Visualization 6-25%	Data Visualization 26-50%	Data Visualization 51-75%	Data Visualization Over 75%	Data Visualization I don't know
Data Virtualization	Data Virtualization 0%	Data Virtualization 1-5%	Data Virtualization 6-25%	Data Virtualization 26-50%	Data Virtualization 51-75%	Data Virtualization Over 75%	Data Virtualization I don't know

Question Title

* 15. Do you expect your final, approved budget for data visualization and virtualization tools to increase over the next year?

	Increase	Decrease	No change	I don't know	No investment
Data Visualization	Data Visualization Increase	Data Visualization Decrease	Data Visualization No change	Data Visualization I don't know	Data Visualization No investment
Data Virtualization	Data Virtualization Increase	Data Virtualization Decrease	Data Virtualization No change	Data Virtualization I don't know	Data Virtualization No investment

Part 4: Data ROI & Monetization

Question Title

* 16. Do you expect your final, approved budget for data ROI/monetization to increase next year?

Yes

No, I expect it to stay the same

No, I expect it to decrease

We are not investing in data monetization/ROI now or next year

I don’t know

Question Title

* 17. What percentage of your budget is allocated towards data ROI & monetization tools & services:

1-5%

6-10%

11-35%

36-55%

56-75%

More than 75%

Part 5: Advanced Analytics

Question Title

* 18. What types of advanced analytics are you currently leveraging? And which ones do you plan to adopt over the next year? Select all that apply:

	Currently leveraging	Planning to adopt
Big Data Analytics	Big Data Analytics Currently leveraging	Big Data Analytics Planning to adopt
Cohort analysis	Cohort analysis Currently leveraging	Cohort analysis Planning to adopt
Complex event processing (CEP)	Complex event processing (CEP) Currently leveraging	Complex event processing (CEP) Planning to adopt
Data Mining	Data Mining Currently leveraging	Data Mining Planning to adopt
Data Visualization	Data Visualization Currently leveraging	Data Visualization Planning to adopt
Diagnostic Analytics	Diagnostic Analytics Currently leveraging	Diagnostic Analytics Planning to adopt
Graph Analysis	Graph Analysis Currently leveraging	Graph Analysis Planning to adopt
High performance computing analytics	High performance computing analytics Currently leveraging	High performance computing analytics Planning to adopt
Machine Learning	Machine Learning Currently leveraging	Machine Learning Planning to adopt
Multivariate Statistics	Multivariate Statistics Currently leveraging	Multivariate Statistics Planning to adopt
Pattern Matching	Pattern Matching Currently leveraging	Pattern Matching Planning to adopt
Predictive Analytics	Predictive Analytics Currently leveraging	Predictive Analytics Planning to adopt
Prescriptive Analytics	Prescriptive Analytics Currently leveraging	Prescriptive Analytics Planning to adopt
Simulation	Simulation Currently leveraging	Simulation Planning to adopt
Streaming analytics	Streaming analytics Currently leveraging	Streaming analytics Planning to adopt
Text Mining	Text Mining Currently leveraging	Text Mining Planning to adopt

Other (please specify)

Question Title

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

Yes, Increase

No, decrease

Stay the same

I don’t know

Not investing in this area

Question Title

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

1-10%

11-25%

26-50%

51-75%

Over 75%

I don't know

Part 6: Applied AI

Question Title

* 21. Where does your organization fall on the Artificial Intelligence Maturity Curve?

Aware: We’re excited about AI but haven’t used it yet

Exploration: We’re experimenting with AI but haven’t deployed any large-scale projects yet

Operational: We’ve adopted machine learning into our day-to-day functions. Initial ML infrastructure is set up, we’re creating data pipelines and versioning data

Systemic: We’re using ML/AI in a novel way to disrupt business models

Transformational: ML/AI is built into the DNA of our business. We rely on AI to do significant heavy lifting for the business and as a value generator for our customers.

Question Title

* 22. In what areas/ways is AI technology currently adding value to the business? Please select all that apply:

Improved strategic decision making

Increased business process efficiency

Hyperautomation

Accelerating digital transformation

Customer experience

Sales & marketing

Employee experience

Compliance & security

Product and/or service development

Manufacturing

Supply Chain optimization

Warehousing, logistics & general operations

Corporate finance

None of the above - AI does not add value to the business at this time

Other (please specify)

Question Title

* 23. Where do you see AI technology adding the most value in 5 years? Please select all the apply:

Improved strategic decision making

Increased business process efficiency

Hyperautomation

Accelerating digital transformation

Customer experience

Sales & marketing

Employee experience

Compliance & security

Product and/or service development

Manufacturing

Supply Chain optimization

Warehousing, logistics & general operations

Corporate finance

Other (please specify)

Question Title

* 24. Do you expect your final, approved budget for applied AI solutions to change over the next year?

Increase

Decrease

No Change

I don’t know

Not investing in this area

Question Title

* 25. What percentage of your budget is allocated towards applied AI solutions and services?

1-5%

6-10%

11-25%

26-50%

51-75%

Over 75%

I don't know

Part 7: Data Democratization

Question Title

* 26. What percentage of your company has access to using or actioning enterprise data & analytics?

Under 10%

11-25%

26-50%

51-75%

76%+

Question Title

* 27. Is increasing enterprise access to data and analytics a strategic priority for your organization?

Yes

Future priority

Not sure

Question Title

* 28. What percentage of your budget is allocated towards data democratization tools & services:

1-5%

6-10%

11-35%

36-55%

56-75%

More than 75%

Question Title

* 29. Do you expect your final, approved budget for data democratization tools to increase over the next year?

Yes

No, I expect it to stay the same

No, I expect it to decrease

I don’t know

N/A

Thank you for filling out our survey! Just a few questions left........

Question Title

* 30. What department are you in?

Customer Service

Data & Analytics

Digital Transformation & Strategy

Finance & Accounting

Manufacturing

Operations

Payroll

Procurement, Supply Chain & Logistics

Product & Service Development

Sales & Marketing

Other (please specify)

Question Title

* 31. Which of the following BEST describes your industry?

BFSI

Aerospace & Defense

Agriculture

Construction & Real Estate

Education

Energy & Utilities

Government

Healthcare

Hospitality & Food Services

Life Sciences

Management Consulting or Professional Services

Manufacturing (Consumer Goods)

Manufacturing (Other)

Media & Entertainment

Mining & Heavy Industry

Retail

Technology (Software)

Technology (Hardware)

Technology (Other)

Telecommunications

Question Title

* 32. Please tell us a bit about yourself:

Name

Job Title

Company

Country