Published: 04 April 2024
Summary
If they want to unlock the value in their data, then CIOs in midsize enterprises that lack chief data and analytics officers need to foster a data-driven culture. They must understand and integrate the data and analytics with decision making, and promote an ethical approach to decision making.
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Overview
Key Findings
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Sixty-one percentof the midsize enterprise CIOs surveyed plan to adopt AI-related technologies, and 18% plan to adopt data and analytics in 2024. However, without a data-driven culture, MSEs may achieve some tactical success in providing information to business users, but they will miss many opportunities.
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Being data-driven does not happen naturally. MSEs need to take specific actions to create data-driven cultures, particularly relating to educating people and understanding their own data.
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If the underlying data is inconsistent, unclean or too old, business stakeholders and users will not trust it and will not rely on it for decision making.
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An approach that
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