Question: Business analytics involves turning data into useful business insights, something that can help us grow and improve our business. In today's digital world, companies
Business analytics involves turning data into useful business insights, something that can help us grow and improve our business. In today's digital world, companies embrace big data business analytics to improve decision-making, increase accountability, raise productivity, make better predictions, monitor performance, and gain a competitive advantage. However, many organizations have problems using business intelligence analytics on a strategic level. According to Gartner, 87% of companies have low business intelligence and analytics maturity, lacking data guidance and support. The problems with business data analysis are not only related to analytics by itself but can also be caused by deep system or infrastructure problems. Required: a. Discuss three (3) challenges encountered by companies that embrace big data analytics.
Step by Step Solution
3.46 Rating (143 Votes )
There are 3 Steps involved in it
answer Businesses that use big data analytics frequently encounter a number of difficulties in their attempts to successfully harness and maximize the ... View full answer
Get step-by-step solutions from verified subject matter experts
