Security News > 2021 > December > How organizations analyze data to source insights that inform business decisions

ChaosSearch shared key findings from a survey of 1,020 U.S. IT professionals on data retention, data usage, and investments in data lake and cloud data platforms.

69% of respondents indicated that their organizations have implemented a data lake, while 23% of respondents have not implemented a data lake but are planning to deploy one.

30% of respondents indicate that their end-user consumption/visualization tools aren't directly connected to the lake, resulting in data duplication and data movement challenges that limit insights and time to value.

Thirty-eight percent of respondents with data lakes are able to respond to data requests within an hour, compared to 24% without data lakes.

Eighty-seven percent of respondents agree to some extent with the following statement: My department is using all of the data at its disposal to make informed business decisions.

"Our research supports that by showcasing the challenges many IT teams are facing - and the limitations they experience with tools that aren't able to scale with the amount of data being produced today. Without an easy, cost-effective, and reliable way to access and analyze all of the data at your disposal, your business is at risk."

News URL

https://www.helpnetsecurity.com/2021/12/14/data-analytics-challenges/