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HBR Transforming Data into Business Value with Analytics & AI

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Over the past few years, organizations have been met with unforeseen challenges that have required a shift in strategy and ways of thinking. Many organizations have relied and continue to rely on cloud technology, data, and artificial intelligence (AI) to help them navigate uncertainties. However, while having data and the right technologies in place is important, the ability to turn data into insights and insights into action is where businesses see value begin to materialize. Additionally, companies that are harnessing the power of AI to augment data decision making are further enhancing their capabilities, driving even more value, and maximizing business impact. In fact, according to data gathered in this report, “57% of leaders have an enterprise strategy for using AI to augment decision making (versus just 17% of others).”

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