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From 2017 to 2021, organizations invested a staggering $4.45 trillion towards “digital transformation”, with the figure estimated to soon exceed $10 trillion. These investments are driven by a need for better, data-driven decision making.
And said data is growing exponentially. In 2019, the global amount of existing data was estimated at 41 zettabytes. In 2022, that number more than doubled to 97 zettabytes.
The key question is what are organizations getting in return for this investment? The answer is little; 70% of business intelligence (BI) initiatives fail to achieve their goal.
Find out why in this analysis about the growing gap between the amount of data and the nature of organizational decisions.
- Vendor:
- Domo Technologies
- Posted:
- Mar 29, 2022
- Published:
- Mar 29, 2022
- Format:
- Type:
- Analyst Report
