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Ventana Research Brings New Market Research and Insights on Potential of Data Preparation
Research explores challenges in data preparation and the state of tools to support it
Ventana Research today released its latest research on Data Preparation. Data preparation is critical to the effectiveness of both operational and analytic processes. Operational processes today are fed by streams of constantly generated data. Our research and that of others have consistently shown that organizations spend more time in preparing data for analysis than in analyzing the data – a situation that negatively impacts their productivity. Data now comes from a wider variety of sources in a dizzying array of formats and often contains inconsistencies in both structure and content. And these issues just scratch the surface.
Even with these challenges, data preparation has unquestionably provided an opportunity for organizations to change the way they approach information management. But overall, organizations have not embraced these changes. Four years ago our Information Optimization Performance Index analysis found that more than half of organizations (52%) placed at the top two levels of our performance hierarchy compared to only 43 percent placing at those levels in this research. As in this research, the Information Optimization benchmark research also looked at the processes of collecting, preparing and deploying data throughout organizations. This decline suggests that many organizations need to improve their use of data preparation.
“Strong data preparation is a priority for 88% of organizations,” said David Menninger, SVP & Research Director. “But even with such a high emphasis, the growing number of data sources, increasing complexity of the data being analyzed, and enabling of line-of-business users to work with data independent of IT has only expanded the problems that plague data preparation.”
Those interested in learning more about this benchmark research can do so at www.ventanaresearch.com/benchmark/data-preparation. This independent benchmark research was made possible thanks to Datawatch, which sponsored the research. Ventana Research, a leading business technology research and advisory services firm, provides qualified research participants with an incentive and complementary report, which includes both key insights and best practices from the benchmark research. For more information on how to use this research in your organization, or purchasing research reports, please visit 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 and LinkedIn. 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.
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ISG Software Research
ISG Software Research is the most authoritative and respected market research and advisory services firm focused on improving business outcomes through optimal use of people, processes, information and technology. Since our beginning, our goal has been to provide insight and expert guidance on mainstream and disruptive technologies. In short, we want to help you become smarter and find the most relevant technology to accelerate your organization's goals.
About ISG Software Research
ISG Software Research provides authoritative market research and coverage on the business and IT aspects of the software industry. We distribute research and insights daily through our community, and we provide a portfolio of consulting, advisory, research and education services for enterprises, software and service providers, and investment firms. Our premier service, ISG Software Research On-Demand, provides structured education and advisory support with subject-matter expertise and experience in the software industry. ISG Research Buyers Guides support the RFI/RFP process and help enterprises assess, evaluate and select software providers through tailored Assessment Services and our Value Index methodology. Visit www.isg-research.net/join-our-community to sign up for free community membership with access to our research and insights.
About ISG Research
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About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including AI and automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs 1,600 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data.
For more information, visit isg-one.com.