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Latest report reinforces the correlation between data culture and revenue, explains the first steps to building a data culture, and reveals that the C-suite is dangerously behind in making needed investments in data and analytics.
The Q1 2022 Alation State of Data Culture Report brings a touch of pessimism but a beacon of hope for companies looking to become more data-driven.
There was a drop in the Data Culture Index (DCI), a metric of an organization's fitness to enable data-driven decision making. Only 15% of companies qualified as a top-tier data culture this year — meaning widespread adoption across the three pillars of data culture (data search/discovery, data literacy, and data governance) — versus 29% from Q3 2021.
The good news? The report notes that 87% of data leaders cite data catalogs as very important or essential to establishing a data culture, up from 68% from Q3 2021.
The latest report now includes respondents from North America, EMEA, and APAC, confirming that data culture and maintaining a competitive edge are worldwide concerns.
Download the report to learn more about:
- The link between organizations with top-tier data cultures and exceeding revenue goals
- How the need for additional investment in data and analytics remains one of the greatest challenges for data leaders
- The “C-level strategy gap” that occurs when organizations don’t have alignment between leadership and data priorities