from NewVantage Partners, which took a close look at the emerging business side of AI in 65 large corporations, primarily financial services. Companies"have come to increasingly recognize that they must become more adept at leveraging their data assets if they are to compete successfully against highly-agile data-driven competitors," the survey's authors state.
technologies when looking out across the coming decade – 80 percent of executives named it the most prominent disrupter. The challenge is most companies are still not data-driven, and likely won’t be anytime soon, the survey finds. Worse yet, the percentage of data-driven companies is declining. Only 31 percent of companies say they are data-driven. This number has declined from 37 percent in 2017 and 32 percent in 2018.
challenge. Executives cite multiple factors , with 95 percent stemming from cultural challenges , and only five percent relating to technology.