What Do Successful Organizations Do Differently?
A NewVantage Partners Survey found that 99% of firms surveyed are investing in big data and AI1 and the ones that succeed are realizing huge advantages. Companies that embrace analytics have seen the following:
59.5% see expense reduction
57.1% see improved customer service 32.1% see improved speed to market
While the concept of leveraging data isn’t new — companies have been trying to gain traction in this arena for the past 15+ years since the mid-2000s when tech giants like Facebook and Google started collecting and analyzing data — a majority don’t succeed in their data endeavors. Only 24% have created a data-driven organization.
