Chance are you’re aiming to invest in a BI and analytics program to capitalize on the big data your company has been acquiring over the years. But before you spend millions on opting for expensive BI programs, take a step back and ask yourself three questions:Do I have data I can trust?Do I understand my data?Do I have a data transformation & data quality framework in place?A, ‘No’ to these questions indicates that you need to optimize your data before you invest in a BI or analytics program. And this piece will help you understand how.A Few Statistics to Push You into Action Here are statistics from a survey conducted by the HBR in determining why most companies are failing in their data-driven efforts. The survey shows:72% of survey participants report that they have yet to forge a data culture69% report that they have not created a data-driven organization53% state that they are not yet treating data as a business asset52% admit that they are not competing on data and analyticsAlarming figures? In our experience of working with 4,500+ clients from across the globe, we know all too well the truth behind these statistics.Organizations are ramping up their effort to ...
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