55% Of IT Decision-makers To Increase Investment In Data Analytics

Share post:

55% of the 872 IT decision makers surveyed expect to increase their investment in analytics skills over the next 12-18 months. The figure that marks a leap from 44% in last year’s study continue to stress the fact that data-focused initiatives will remain a top priority for IT executives.

To bridge the skills gap and concerns about poor data quality and data governance/ security issues, IT executives will spend an average of $13.3 million over the year on analytical services, training, and consulting.

According to the Foundry report, hiring qualified data specialists and upgrading existing IT staff will be a major effort to close the skills gap.

For new and emerging data technologies, 83% of IT executives prioritize self-service tools to provide better data access. To achieve this, four out of ten IT executives plan to recruit talent with the skills to provide analytics training to non-technical personnel.

Data analytics remains a top objective for many companies, but according to CompTIA, organizations are targeting three areas, including data infrastructure, data security, and database administration.

The sources for this piece include an article in CIODIVE.

SUBSCRIBE NOW

Related articles

Apple faces backlash over recent ads

Apple is currently facing significant public backlash due to a controversial advertisement featuring a hydraulic press crushing various...

Elon Musk’s Neuralink has issues with first human implant

Neuralink, the neurotechnology company founded by Elon Musk, has reported an issue with its first human brain implant,...

 Google executives face employee concerns amid profitsurge

At a recent all-hands meeting, Google employees voiced significant concerns regarding morale, cost-cutting measures, and the impact of...

Tests unable to distinguish AI from human reviews

AI-generated restaurant reviews can now pass the Turing test, successfully fooling both human readers and automated detectors, according...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways