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PwC's Unlock data possibilities - infographic

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PwC's Unlock data possibilities - infographic

  1. 1. Are you the 1 in 3? Data savvy leaders who do this make more sophisticated and speedier decisions. • reach clarity on critical decisions • creatively use new sources of data • use analytics to assess options and estimate value • opportunistically make decisions • quickly source and experiment with new data • monitor results and adjust decision making Highly data-driven companies are three times more likely to report significant improvement in decision making, but only 1 in 3 executives say their organization is highly data-driven. An information explosion due to digitization and Internet of Things has increased the number of data sources, volume and complexity. CEOs recognize the strategic importance of data and analytics. Despite the strategic importance of data and analytics, challenges remain for organizations. 80%of Global CEOs say data mining and analysis is strategically important to their organization. 01010 10100 01010 01011 00110 010101001 0101010100010110 Source: PwC’s 2015 Global CEO Survey Source: PwC's Global Data & Analytics Survey: Big DecisionsTM ® Source: PwC's Global Data & Analytics Survey: Big DecisionsTM ® 52% Senior executives say they previously discounted data they didn't understand. 31% Senior executives say the timeliness of data at their organization is poor or fair. 25% Senior executives say they lack the skills or expertise to make greater use of data. Unlock data possibilities The sophistication to... The speed to... Discovery Discover value in your internal and external data Insights Apply analytic techniques on internal and external data for tailored, value-creating insights Actions Make decisions; deliver quick wins; build operational capabilities to enhance products and services Outcomes Test and learn; link insights and actions to financial and operational metrics; enhance shareholder value Helping organizations unlock their data possibilities. So, what's an executive to do? Embed analytics into the decision making culture of your organization. PwC's Analytic Apps help organizations integrate data, analytics and visualization. Learn more. ©2015 PricewaterhouseCoopers LLP, a Delaware limited liability partnership. All rights reserved. PwC refers to the US member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details. This content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors. 32056-2015 For more information, please visit: www.pwc.com/analytics Analytics Grow/ innovate Operate efficiently Manage risks

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