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Data & AI Market Narratives Data Transformation 2024 –​ Barriers and Challenges Feb 25, 2025 From 2023 to 2024, the biggest barriers to data transformation have shifted from technical issues to resource constraints, with funding and staffing now the top challenges. Request to Download

From 2023 to 2024, the biggest barriers to data transformation have shifted from technical issues to resource constraints, with funding and staffing now the top challenges. While data maturity strongly correlates with confidence in strategy execution, most organisations remain immature, with 90% of those lacking confidence also struggling with foundational data practices. This evolution signals a transition from infrastructure concerns to strategic and organisational roadblocks. 

 

Core Insights:

 The resource squeeze 

  • Funding has surged from the #5 challenge in 2023 to the #1 barrier in 2024, reflecting growing financial pressures. 
  • Staffing has emerged as the second-biggest challenge, highlighting major skill shortages in technical and leadership roles. 
  • These shifts suggest a broader struggle with resource allocation and investment…

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