{"id":20127,"date":"2023-07-13T09:57:27","date_gmt":"2023-07-13T09:57:27","guid":{"rendered":"https:\/\/web3unplugged.io\/blog\/?p=20127"},"modified":"2023-07-13T09:58:21","modified_gmt":"2023-07-13T09:58:21","slug":"gartner-survey-finds-79-of-corporate-strategists-see-ai-and-analytics-as-critical-to-their-success-over-the-next-two-years","status":"publish","type":"post","link":"https:\/\/web3unplugged.io\/blog\/gartner-survey-finds-79-of-corporate-strategists-see-ai-and-analytics-as-critical-to-their-success-over-the-next-two-years\/","title":{"rendered":"Gartner Survey Finds 79% Of Corporate Strategists See AI And Analytics As Critical To Their Success Over The Next Two Years"},"content":{"rendered":"\n

Seventy-nine percent of corporate strategists said\u00a0that technologies such as\u00a0analytics<\/a>,\u00a0artificial intelligence<\/a>\u00a0(AI) and automation will be critical to their success over the next two years, according to a survey by Gartner, Inc.<\/p>\n\n\n\n

Strategists said that, on average, 50% of strategic planning and execution activities could be partially or fully automated; currently only 15% are.<\/p>\n\n\n\n

The survey was conducted from October 2022 through April 2023 among 200 corporate strategy leaders in North America, Western Europe, Asia\/Pacific, and Australia\/New Zealand, across different industries, revenue and company sizes.<\/p>\n\n\n\n

“Leveraging analytics and AI for more efficient, insightful strategy decisions is one of the biggest challenges, and opportunities, corporate strategists face this year,” said David Akers<\/a>, Director, Research at Gartner. “For years, strategists have told their businesses: If you want to stay competitive and effective, you need to go digital. Now, they appear ready to apply that guidance to their own workflows.”<\/p>\n\n\n\n

While most corporate strategists said that they are using descriptive and diagnostic analytics, less than half said they are using more advanced tools such as predictive, prescriptive or graph analytics (see Figure 1). Similarly, only 20% of strategists reported using\u00a0AI-related tools<\/a>, such as machine learning or natural language processing, for their function. However, a large percentage of strategy leaders said they are either piloting these tools or exploring use options. For example, 51% said they are investigating machine learning and 45% said the same for predictive analytics.<\/p>\n\n\n\n

Figure 1: Corporate Strategists’ Use of Analytics (Percentage of Respondents)<\/strong><\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

Source: Gartner (July 2023)<\/p>\n\n\n\n

Build a Use Case Strategy<\/strong><\/p>\n\n\n\n

One of the biggest obstacles to implementation is establishing a clear use case for new technologies. Fifty-two percent of strategists report that this is a top-three challenge \u2014 the most selected response.<\/p>\n\n\n\n

“There are several reasons for this,” said Akers. “Strategists face an unfamiliar vendor market, have too many options to choose from and have little precedent to build upon.”<\/p>\n\n\n\n

Much of the advanced technology that strategists said they are aiming to implement is already being used successfully elsewhere. To build a strong business case, Gartner recommends first mapping existing functionality to specific needs, then consider how to prioritize the different use cases that advanced technology could offer by asking questions about the purpose, impact and suitability of the new tools.<\/p>\n\n\n\n

Gartner clients can read more in the report\u00a0“Strategists Say New Technologies Are Critical to Function’s Success.”<\/a><\/p>\n\n\n\n

Additional leadership trends will be presented\u00a0during\u00a0Gartner IT Symposium\/Xpo<\/a>,\u00a0the world’s most important conferences for CIOs and other IT executives.\u00a0Gartner analysts and attendees will explore the technology, insights and trends shaping the future of IT and business, including accelerating business transformation, cybersecurity, AI, customer experience, data analytics, executive leadership and more.\u00a0Follow news and updates from the conferences on Twitter using\u00a0#GartnerSYM<\/a>.<\/p>\n\n\n\n

Upcoming dates and locations for Gartner IT Symposium\/Xpo include:<\/p>\n\n\n\n

September 11-13 | Gold Coast, Australia<\/a><\/p>\n\n\n\n

October 16-19 | Orlando, FL<\/a><\/p>\n\n\n\n

November 6-9 | Barcelona, Spain<\/a><\/p>\n\n\n\n

November 13-15\u00a0| Tokyo, Japan<\/a><\/p>\n\n\n\n

November 28-30 | Kochi, India<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Seventy-nine percent of corporate strategists said\u00a0that technologies such as\u00a0analytics,\u00a0artificial intelligence\u00a0(AI) and automation will be critical to their success over the next two years, according to a survey by Gartner, Inc. Strategists said that, on average, 50% of strategic planning and execution activities could be partially or fully automated; currently only 15% are. The survey was conducted from October […]<\/p>\n","protected":false},"author":2,"featured_media":20129,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-20127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"rttpg_featured_image_url":{"full":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/07\/image0.jpeg",258,194,false],"landscape":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/07\/image0.jpeg",258,194,false],"portraits":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/07\/image0.jpeg",258,194,false],"thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/07\/image0-150x150.jpeg",150,150,true],"medium":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/07\/image0.jpeg",258,194,false],"large":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/07\/image0.jpeg",258,194,false],"1536x1536":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/07\/image0.jpeg",258,194,false],"2048x2048":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/07\/image0.jpeg",258,194,false],"post-thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/07\/image0.jpeg",258,194,false],"graptor-sq-xs":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/07\/image0.jpeg",100,75,false]},"rttpg_author":{"display_name":"Admin CG","author_link":"https:\/\/web3unplugged.io\/blog\/author\/admin-cg\/"},"rttpg_comment":0,"rttpg_category":"news<\/a>","rttpg_excerpt":"Seventy-nine percent of corporate strategists said\u00a0that technologies such as\u00a0analytics,\u00a0artificial intelligence\u00a0(AI) and automation will be critical to their success over the next two years, according to a survey by Gartner, Inc. Strategists said that, on average, 50% of strategic planning and execution activities could be partially or fully automated; currently only 15% are. The survey was conducted from October…","_links":{"self":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/20127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/comments?post=20127"}],"version-history":[{"count":2,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/20127\/revisions"}],"predecessor-version":[{"id":20131,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/20127\/revisions\/20131"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media\/20129"}],"wp:attachment":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media?parent=20127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/categories?post=20127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/tags?post=20127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}