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Category: Business, Database, Data, Infrastructure

Home » Latest News Releases » Exasol Research Finds 58% of Organizations Make Decisions Based on Outdated Data By Deborah Schalm on September 29, 2020Leave a CommentData decisions report from Exasol finds average data queries take too long to run, yet organizations need daily data insights to make informed business decisionsATLANTA–(BUSINESS WIRE)–New research shows that 58% of organizations make decisions based on outdated data. The finding comes from a report “Accelerating data-driven decision making: 5 ways to turn crisis-mode into business as usual” commissioned by Exasol, the high-performance analytics database, published today. The report reveals that 84% of organizations are under increasing pressure to make faster decisions as a result of the COVID-19 pandemic, yet 58% of organizations lack access to real-time insights.

According to the research: Going forward, 45% of respondents agreed that demand for data analytics will continue to rise.