By David Alles

Excerpt:

Organizations today face an increasingly challenging business environment. Across industries, new companies and nimble competitors are taking advantage of analytics and leveraging the full potential of the internet, disrupting traditional business models and markets.

Cloud computing and open source have caused fundamental changes in analytics infrastructure, enabling the introduction of new technologies such as artificial intelligence and machine learning. The most nimble, innovative companies have quickly taken advantage of these new technologies — and the analytics they enable — to gain a competitive advantage.

Traditional companies are struggling to deal with this complexity and effectively compete on analytics. Though many top executives realize that high-quality data, analytics and AI are critical to the future success of their companies, up to 70 percent of analytics initiatives and projects fail to meet their objectives…