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Featured Dresner Research
Research Insight and Wisdom of Crowds® reports offer the most comprehensive and objective insights available for data, analytics, and performance management. Our process is global, encompassing thousands of organizations across all industries, functions, and organization sizes.
Research Insights
Published throughout each month, Research Insights are thought leadership articles, covering important topics and issues, with pointed advice and recommendations for readers.
Data Leaders Need an Executive Communication Plan for Guided Analytics
Our data show perceptions of the importance of Guided Analytics® correlates highly with levels of success with business intelligence (BI) initiatives. An important component of self-service BI, Guided Analytics improves time to insight and action by supporting the creation of connections between related and relevant information as well as directing and suggesting analytical story flow.
However, two less-than-obvious factors constrain broader adoption of Guided Analytics. First, executive management and the finance organization may not fully appreciate the role Guided Analytics can play in operations because other capabilities—like those provided in enterprise performance management (EPM) and financial consolidation, close management, and financial reporting (FCCR) systems—often meet their analytical needs. And sometimes analysts directly perform analyses for executives in these functions. Second, to be successful, Guided Analytics requires a certain level of Hyper-Decisive® maturity of capabilities in data management and analytical methods.
Data Catalogs Are Critical to Enabling More Data-Driven Decisions
A minority of organizations use data catalogs (23 percent), and more than 60 percent of organizations also report users encounter difficulty finding analytic content. Of the five data governance organization activities we track, those associated with cataloging rank highest. Together, these factors contribute to expected higher use of data catalogs (41 percent of respondents indicate future plans to employ data catalogs).
Data catalogs consistently rank highly in the Dresner Advisory Services technologies and initiatives strategic to BI, starting initially at 16th in 2017. Subsequently, its weighted average increased slowly but steadily, demonstrating increasing importance year over year. Organizations that consider data catalogs important also report higher levels of success with BI initiatives. In addition, success with BI correlates positively with both maturity in common trust in data / governance and data-driven decision making.
It’s Time for Workforce Analytics
People are the heart of every organization. Executives that want to help the people in their organizations should anonymously apply to work there every few years and go through the interview and hiring process. Many who recently were hired or have done hiring know it needs to get better, for many reasons:
• Most job postings receive several hundred applicants
• Job seekers need to fill out at least 10 applications to get at least one interview
• Job seekers need at least three interviews to get one job offer
• Filling a position often requires vetting 75 or more qualified applicants
Hiring represents only the first step. Next comes onboarding, benefits, compensation, retention, diversity, and inclusion, for example. The list for workforce planning is quite long. Our most recent data rank workforce planning 28th out of 51 strategic initiatives for business intelligence (BI). Yet only 46 percent of respondents consider workforce planning a top priority. Not surprisingly, most see workforce analytics as the job of human resources (HR); yet HR is the least data-literate function and least likely to use analytics.
Wisdom of Crowds® Market Reports
Wisdom of Crowds® Market Reports offer in-depth research and reporting on key industry and technology topics, including user trends, perceptions, intentions and other drivers. Each report includes a section with objective and inclusive vendor ratings.
Supply Chain Planning and Analysis Market Study 2024
Supply chain planning is the process of planning a product, sourcing raw materials, making products, through delivering those products to customers (other businesses and/or consumers), with the ultimate goal of balancing supply and demand. Supply chain analytics enables organizations to develop valuable insights associated with the procurement, processing, and distribution of goods. This is a key ingredient of overall supply chain management (SCM).
In this second edition of the Supply Chain Planning and Analysis Market Study report, we underscore the expanding role of performance management across various business functions beyond the traditional scope of finance. Facing an array of external challenges in the upcoming year, a more holistic approach to performance management is essential for organizations to respond adaptively, make informed decisions, and execute strategies with precision.
Data Engineering Market Study 2024
As we mark the 17th anniversary of Dresner Advisory Services in 2024, we are pleased to present the tenth annual edition of our Data Engineering Market Study. This report continues to explore market requirements and priorities for data orchestration, integration, and transformations including advanced analytics in the data engineering pipeline workflow.
Seventy-seven percent of our survey respondents indicate data engineering is critical or very important, up from 61 percent in our 2022 report. This increase in importance of data engineering reflects the increased demand for access to analytical data as well as the increasing fragmentation of data sources and targets. Sixty-six percent of respondents say their organizations use data engineering capabilities today, and 22 percent of those respondents indicate plans to expand their use.
Workforce Planning and Analysis Market Study 2024
Workforce planning and analysis are the tools and processes that help align workforces with business goals, strategies, and workplace dynamics. It includes requirements, analysis, and forecasting for current and future needs and the development of plans to address imbalances to optimize human resources, reduce costs, and improve efficiency.
In this second edition of the Workforce Planning and Analysis Market Study report, we underscore the expanding role of performance management across various business functions beyond the traditional scope of finance. Facing an array of external challenges in the upcoming year, a more holistic approach to performance management is essential for organizations to respond adaptively, make informed decisions, and execute strategies with precision.
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