The report was based on data from a survey of 500 professionals with responsibility for, or influence over, data strategy and/or management at B2B organizations with 500 or more employees.
Respondents estimate that 52% of their organizations' marketing decisions are based on quantitative information and analysis rather than on intuition or personal/company experience:
Less than half of respondents say their organization is executing very or extremely well on gathering complete and accurate customer data, utilizing customer data to activate marketing and sales initiatives at scale, and sharing data insights across functions:
Respondents say the top data challenges preventing their organization from achieving its marketing and sales objectives are capably managing data and sharing insights, keeping up with the volume and velocity of data, taking actions quickly based on data, and developing insights from data that are actionable:
Ayaz Nanji is an independent digital strategist and a co-founder of ICW Content, a marketing agency specializing in content creation for brands and businesses. He is also a research writer for MarketingProfs. He has worked for Google/YouTube, the Travel Channel, AOL, and the New York Times.
LinkedIn: Ayaz Nanji