Report reveals top barriers to transforming into Intelligent Enterprise

MicroStrategy® Incorporated (Nasdaq: MSTR), a worldwide provider of enterprise analytics and mobility software, has announced the results of a Harvard Business Review Analytic Services (HBR-AS) study, “An Inflection Point for the Data-Driven Enterprise”, which polled 729 business leaders and personnel across various industries around the world, the company said.

The HBR-AS study reveals concerning statistics for data-driven transformation, including:

Nearly one-third (32%) of respondents indicate their organizations are still operating on static and backward-looking reporting.
Only one in 10 of respondents say their organizations have embedded data and analytics into all processes and decision making, and even fewer have advanced to predictive analytics or automated decision making.
While 75% say it´s very important to deliver actionable intelligence to employees across the enterprise — the foundation for an Intelligent Enterprise — less than a quarter (24%) indicate their organizations are able to do so.
Only 28% of respondents say their organizations are focused on introducing new business models, which is the key to digital transformation.
Download An Inflection Point for the Data-Driven Enterprise today, or learn more about these findings by visiting the MicroStrategy blog.

HBR-AS surveyed 729 business leaders and personnel across various industries around the world for the report, which was jointly commissioned by MicroStrategy; Snowflake Computing, Inc., the only data warehouse built for the cloud; and Wipro Limited, a global information technology, consulting and business process services company. Industries surveyed included financial services, healthcare, manufacturing, retail/CPG, and technology.

MicroStrategy is a worldwide provider of enterprise analytics and mobility software. A pioneer in the BI and analytics space, MicroStrategy delivers innovative software that empowers people to make better decisions and transform the way they do business.