Getting Value Faster with a Data Strategy

There’s a running joke in our industry about calls to IT service companies from client executive teams who “want to install some Hadoops.” The joke stems from the many businesses, eager to get in on the advantages of using data, who want to quickly install some software and get magic results. If you work with data then you know that these “Hadoops” (or any other tool or platform) can’t magically address underlying business concerns. A McKinsey-Oxford survey discovered that, of the major IT projects that had significant cost overruns, the largest contributing factor was unclear objectives and a lack of business focus. If you don’t take the time to carefully define the set of problems you need to solve up front, then you’ll either be left with a system that…

Link to Full Article: Getting Value Faster with a Data Strategy

Pin It on Pinterest

Share This

Join Our Newsletter

Sign up to our mailing list to receive the latest news and updates about and the Informed.AI Network of AI related websites which includes Events.AI, Neurons.AI, Awards.AI, and Vocation.AI

You have Successfully Subscribed!