How much money is your organization leaving on the table by not being more effective at leveraging data and analytics to power your business? This question is becoming more and more relevant for all organizations of all sizes in all industries as AI / ML capabilities become more widely available. And nothing highlights the costs of not becoming more effective at leveraging data and analytics to power your business models then a recent study by Kearney titled “The impact of analytics in 2020”. Posted by Bill Schmarzo.
Tha article then reads about:
- Understanding the data & analytics business maturity index
- The roadmap for mastering data & analytics
- Cost of being an analytics Laggard summary
What author found interesting is how the importance of Data Management and Analytic Capabilities – which are critical in the early phases of the Data & Analytics Maturity Index – are replaced in importance by Business Alignment (think Data Monetization) and Culture (think Empowerment).
The Data & Analytics Business Maturity Index provides a benchmark to not only to measure how effective your organization is at leveraging data and analytics to power your business, but also provides a roadmap for how your organization can become more effective. Nice one!
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