New research released in November 2011 by MIT Sloan Management Review and the IBM Institute for Business Value reports that organizational challenges, more so than technology hurdles, are holding companies back from fully integrating analytics across their enterprises.
According to a global survey of more than 4,500 executives, managers and analysts from more than 120 countries and 30 industries, 44 percent of organizations say cultural barriers to enterprise-wide analytics adoption, such as the requirement for new leadership competencies and organizational resistance to new ideas, are the primary barriers. In contrast, only 24 percent point to technology concerns.
The report, entitled “Analytics: The Widening Divide,” builds on the findings from the original study by MIT SMR and IBM in 2010 to understand how companies are embedding analytics in more of the enterprise’s processes and operations.
To access the full report, visit www.mitsmr.com/DataReport11.
