Jerry DiMaso, CEO and co-founder of Knarr Analytics, discusses how effective analytics has become such a determinative factor that it's now evident that those who master it will thrive. However, the journey toward that goal isn't without obstacles. What are the most common data analytics challenges and how can companies confidently confront them?
"In 2013, McKinsey's director Tim McGuire said: 'Analytics will define the difference between the losers and winners going forward,' and he certainly wasn't wrong. Since then, we have seen companies across the board leverage data capabilities to execute smarter decisions, drive accountability, improve their financial health, and keep a closer eye on their performance.
According to a recent study, the data analytics market is expected to grow at an annual growth rate of 30% until 2023, reaching $77.6 billion in annual spend. Such numbers show just how important data capabilities have become, hinting at a future where embracing digital business without data will be simply impossible..." - insideBIGDATA
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