Analyst Report
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
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Building a data-driven culture starts with robust data literacy. How can you develop true data literacy within your organisation? Join Emyr James Head of Data, Analytics and AI Resolution Life, Patrick Bossert Data Skills Coach, Mentem by UNSW and Zach McIntryre, Field CTO Alation as they delve into strategies for advancing data literacy by employing practical techniques for stakeholder analysis, understanding data and analytics needs, and aligning your data initiatives with measurable business outcomes.
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