|By PR Newswire||
|March 27, 2014 12:42 PM EDT||
LONDON, March 27, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:
This IDC Energy Insights report presents results of the first IDC BDA Maturity Model benchmark based on a study of 760 organizations including 59 utility companies at $500+ million in revenue.
"The utility industry is not as mature as some other industries in their use of analytics but has some terrific opportunities ahead. We are already seeing more utilities piloting or experimenting with big data and analytics. Given the mix of challenges facing the utility industry, we expect to see more pilots and proofs of concept going on over the next 12-18 months. So this is an opportune time for most utilities to be assessing their maturity with regard to big data and analytics. This report delivers some key insights and tools," says Robert Eastman, research manager, IDC Energy Insights, and lead analyst for the Worldwide Utility IT Strategies practice. "This BDA maturity framework developed by IDC will assist utility companies in assessing their current capabilities and to evaluate gaps in reaching higher levels of BDA maturity."
Table of Contents
IDC Energy Insights Opinion
In This Study
Big Data and Analytics Maturity in Utilities Today
A Deeper Look -- BDA Maturity Model Dimensions
The Value of Investing in Improving Big Data and Analytics Maturity
Factors with the Greatest Impact on Maturity
Actions to Consider
Focus on Business Leadership
Intent Dimension of BDA Maturity
Assess and Approve BDA Initiatives with a Formal and Enterprisewide-Accepted ROI Evaluation Method
Fund and Budget BDA Projects Annually at the Enterprise Level
Data Dimension of BDA Maturity
Focus on Data Quality
Exploit Enterprise Data Assets
Technology Dimension of BDA Maturity
Work with Users to Understand and Use a Range of BDA Technologies
Focus More on the Types and Capabilities of BDA Technologies Rather Than Features/Functions
People Dimension of BDA Maturity
Recruit, Hire, Reward, and Retain a Strategic Blend of Skills
Complement Skills and Development with a Culture of Collaboration
Apply BDA Insights to Management Decision Making
Process Dimension of BDA Maturity
Start with Strategy and Planning
Focus Also on Information Management and Application Development
Data Analysis and Information Consumption -- The Last Mile of BDA Success
Survey Respondent Segmentation
Categorization of High Achievers and Low Achievers
Table: Top 10Traits of Big Data and Analytics High Achievers
Table: Units Taking the Lead in Big Data and Analytics
Table: Sample Size and Selection Criteria of Research Participants by Industry
Figure: Big Data and Analytics Maturity Distribution Across Stages: Utilities
Figure: Big Data and Analytics Individual Dimensions Maturity Distribution Dashboard: Utilities
Figure: Comparison of Big Data and Analytics Maturity Between High and Low Achievers Dashboard: Utilities
Figure: Big Data and Analytics Maturity Alignment Among High and Low Achievers
Read the full report:
Business Strategy: IDC Maturity Model Benchmark -- Big Data and Analytics in Utilities in North America
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