Remove 2023 Remove Data Quality Remove Data Strategy Remove Reporting
article thumbnail

Unlocking the Power of AI with a Real-Time Data Strategy

CIO Business Intelligence

It’s clear how these real-time data sources generate data streams that need new data and ML models for accurate decisions. Data quality is crucial for real-time actions because decisions often can’t be taken back. report they have established a data culture 26.5%

article thumbnail

Why data leaders struggle to produce strategic results

CIO Business Intelligence

Chief data and analytics officers (CDAOs) are poised to be of increasing strategic importance to their organizations, but many are struggling to make headway, according to data presented last week by Gartner at the Gartner Data & Analytics Summit 2023. Organizations are still investing in data and analytics functions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 surefire ways to derail a digital transformation (without knowing it)

CIO Business Intelligence

According to research firm Gartner , 89% of corporate boards say digital is embedded in all business growth strategies, but only 35% of organizations are on track to achieve digital transformation goals. But there are common pitfalls , such as selecting the wrong KPIs , monitoring too many metrics, or not addressing poor data quality.

article thumbnail

Sport analytics leverage AI and ML to improve the game

CIO Business Intelligence

Like other data-driven initiatives, Souza says Digital Athlete uses data rather than hunches and instinct to understand what’s happening on the field during games and practices. The first thing is having a data strategy, having a foundation of data, and then asking questions of it.”

article thumbnail

ChatGPT: le nuove sfide della strategia sui dati nell’era dell’IA generativa

CIO Business Intelligence

Le aziende italiane investono in infrastrutture, software e servizi per la gestione e l’analisi dei dati (+18% nel 2023, pari a 2,85 miliardi di euro, secondo l’Osservatorio Big Data & Business Analytics della School of Management del Politecnico di Milano), ma quante sono giunte alla data maturity?

article thumbnail

3 powerful lessons of using data governance frameworks

CIO Business Intelligence

The DGI publication includes components it thinks should be included in a data governance program. And two decades after the first published data governance framework, a new version was put online. That first and only refresh was on May 3, 2023. Poor data quality leads to poor decisions and recommendations.

article thumbnail

Is your data strategy ready for gen AI? LOB leaders may disagree

CIO Business Intelligence

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September.