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Data & AI Market Narratives CDAO’s Vendor Selection Preferences Feb 28, 2025 Australian CDAOs are evolving their data strategies by focusing on the most effective tools, with a strong preference for data visualisation and governance. Request to Download

Australian CDAOs are evolving their data strategies by focusing on the most effective tools, with a strong preference for data visualisation and governance. Microsoft leads as the preferred vendor, and CDAOs are balancing in-house development with external sourcing for AI capabilities. 

 

Core Insights:

Effectiveness of data tools in supporting data strategy 

  • Data visualisation, predictive analytics, and data governance are deemed the most effective tools for supporting CDAOs’ strategies. 
  • 77% of CDAOs see data visualisation and BI tools as pivotal in enabling their data strategy, the highest among all tool categories. 

Shift in tool priorities (2022-2024) 

  • While data visualisation tools remain at the forefront, machine learning tools saw a significant drop in priority,…

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