Lavastorm Analytics Survey Results: People, Tools, and Training key investment areas

The key areas for analytics investments will be people, tools, and training, according to the recent Lavastorm Analytics Survey.

The recent Lavastorm AnalyticsLavastorm Analytics Survey got a strong response from over 600 analytics and business professionals. Nearly 60% of respondents indicated that their company plans to increase their analytic investments in 2013. Key areas for investments will be people (53% of respondents), tools (51%), training (43%), and data sources (30%).

The respondents expected the biggest development to affect the analytic community in 2013 to be

  • 27%, Increase use of unstructured data
  • 25%, Shortage of analytics professionals
  • 18%, Need for analytics tools and training
  • 15%, Shift analytic roles from IT to business
  • 13%, Analytics centralized within an organization

The analysis of top analytics tools used produced fragmented results, with 17 "self-service" tools used by less than 10% of respondents. Most popular tools were Excel, R, SAS, MS Access, SPSS, Tableau, SQL, and Python.

Analytics self-service tools used, 2013

Get your copy of the Lavastorm Analytics 2013 Survey results here.