article thumbnail

7 famous analytics and AI disasters

CIO Business Intelligence

Organizations across every industry have been and continue to invest heavily in data and analytics. But like oil, data and analytics have their dark side. According to CIO’s State of the CIO 2022 report, 35% of IT leaders say that data and business analytics will drive the most IT investment at their organization this year.

Analytics 142
article thumbnail

What is a chief data officer? A leader who creates business value from data

CIO Business Intelligence

Capital One appointed the first CDO in 2002. They may also be responsible for data analytics and business intelligence — the process of drawing valuable insights from data. Only a few organizations followed suit in the decade that followed. The chief information officer is responsible for the bucket.