It’s not yet a do-or-die situation, but organizations are definitely under the gun to demonstrate positive results from their considerable investments in big data and AI. The pressure is on chief data officers and other leaders to show results from their big data and AI investments in 2019. They’d do well to focus some of their efforts on building a data culture.
The strategy consulting firm NewVantage has been tracking the ins and outs of big data with its annual survey for five years. While there has been some improvement, the firm has yet to record widespread success. “Companies are investing in Big Data and AI, but they are not seeing commensurate results,” the firm writes in its new report, “Big Data and AI Executive Survey 2019,” which was issued last week.