San Ramon, Calif. – January 11, 2012 – Ventana Research’s newest benchmark research and education, Business Analytics in Government, finds that stale, outdated, and inaccurate data plague government efforts in use of analytics.
This in-depth benchmark research on business analytics, the latest from the leading business technology research firm, assessed the maturity and competency of organizations at every level in government. Ventana Research undertook this benchmark research to acquire real-world information about levels of maturity in this sector, trends and best practices in how government organizations use business analytics. It explores how they do this now, how they view their existing processes and tools, plans they have to change or improve them, and the benefit they hope to gain by doing so.
This new research found that a majority in government say their data is stale or outdated (52 percent) and only somewhat accurate or somewhat inaccurate (58 percent). This leads to 32 percent of government being only somewhat confident or not confident in the quality of their analytics. In broader terms, nearly as many government organizations are not satisfied with the process currently used to create analytics (40 percent) as are satisfied with it (43 percent).
“Our research found that an overwhelming 65 percent of government use spreadsheets to generate analytics and is a contributing factor to its worst analytic maturity in the industry,” said Mark Smith, CEO and Chief Research Officer of Ventana Research. “Time and time again, we find that spreadsheets are responsible for stale or inaccurate data and contribute to the lack of maturity and efficiency in business processes. This new research details how government and its departments can mature and make improvements with the help of accurate, accessible and easy-to-use analytics.”
To view the webinar, visit: http://www.ventanaresearch.com/govtbawebinar/
Those interested in learning more about this benchmark research can find additional information at http://www.ventanaresearch.com/Govtba/. As a part of your registration you will receive insights and education from Ventana Research on using technology effectively in business. Ventana Research thanks those that participated in the benchmark and our media and association partners who helped make this vertical industry research a reality. Ventana Research provides guidance to organizations in business analytics through its Ventana OnDemand (http://www.ventanaresearch.com/ondemand) and with its assessment and educational services offerings. (http://www.ventanaresearch.com/services/).
About Ventana Research
Ventana Research is the most authoritative and respected benchmark business technology research and advisory services firm. We provide insight and expert guidance on mainstream and disruptive technologies through a unique set of research-based offerings including benchmark research and technology evaluation assessments, education workshops and our research and advisory services, Ventana On-Demand. Our unparalleled understanding of the role of technology in optimizing business processes and performance and our best practices guidance are rooted in our rigorous research-based benchmarking of people, processes, information and technology across business and IT functions in every industry. This benchmark research plus our market coverage and in-depth knowledge of hundreds of technology providers means we can deliver education and expertise to our clients to increase the value they derive from technology investments while reducing time, cost and risk.
Ventana Research provides the most comprehensive analyst and research coverage in the industry; business and IT professionals worldwide are members of our community and benefit from Ventana Research’s insights, as do highly regarded media and association partners around the globe. Our views and analyses are distributed daily through blogs and social media channels including Twitter, Facebook, LinkedIn and Business Week’s Business Exchange.
To learn how Ventana Research advances the maturity of organizations’ use of information and technology through benchmark research, education and advisory services, visit www.ventanaresearch.com.
Media: Copies of benchmark research report and interviews are available upon request.
Media Contact:
Bailey Donoghue
(925) 242-2412
marketing@ventanaresearch.com
