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Data Analytics Trends: Survey Reveals Need to Better Leverage Tools

Man uses data analytics tool to understand company. Is staring at graphs on three screens.

1Path is proud to announce the results of our data analytics survey. We conducted this survey to better understand data analytics trends across SMBs. We’ve compiled our key findings below:

Main Findings about Data Analytics Trends

IT departments rely heavily on data analytics tools, with more than 75% of respondents saying they couldn’t live without them. Generally, these tools influence technology decisions, business growth, and budgets. Additionally, nearly all respondents are happy with their solutions but think they could be better leveraged.

How Can I make the Most Out of my Tools?

One common pain point regarding data analytics tools concerned the need for better training. Additionally, many respondents stated that they lacked the skills in-house to implement their solution. By working with an MSP, companies will be better equipped to install and understand their tools. Additionally, they’ll require far fewer employees to maintain the resource, thus freeing them up for other tasks.

How Can Data Analytics Help my Company?

Data analytics tools are essential for delivering products and servicing customers quickly. They allow businesses to make more informed decisions by helping them understand what’s working and what isn’t. In short, they offer a deep-dive into a company’s strengths, weaknesses, and overall performance, thus allowing execs to implement corrective changes.

Data analytics tools are essential to business. But they’re only useful if a company can maintain and understand them. Data analytics trends show that this technology is here to stay, and if you want to fully leverage it, an MSP can show you how. If you’d like to learn more about data analytics, take a look at our articles. And if you’re interested in implementing a solution of your own, contact 1Path today, and we’ll be happy to get you started.

Click here to see the rest of our findings:




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