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Applications Market Trend Reports Industry Spending on Data Strategy by Gabby Fredkin Nov 26, 2021 | 7 min

Key Takeaways:

  • ADAPT Edge Event data comprising 657 organisational leaders primarily in enterprise-sized organisations showed building a data-driven organisation was a key priority for 81% of respondents. A data-driven strategy was the second-highest focus point from a technology priority perspective.
  • Multiple stakeholders, from multiple personas within an organisation will contribute to the company’s data strategy.
  • Data analytics, management and integration account for approximately 14% of spending in a CIOs IT budget.
  • Data is receiving significant investment underpinning decision making and innovation in Australian organisations.
  • Technology and telecommunication companies are less likely to be focused on creating a data-driven strategy.…

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