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Building a Capability Roadmap: The Maturity Stages of Data & AI
Stories by ODSC - Open Data Science on Medium medium.com
Enterprises spend an average of $15M annually on data & AI initiatives. Yet, last year, 90% of AI investments by enterprises saw zero return, according to VentureBeat. This means a lot of money and effort is going into advancing data & AI capabilities, but companies are still struggling to see the business value. CDOs and CDAOs must ruthlessly prioritize their focus to demonstrate value so they can justify additional investment. They need to keep the lights on (address urgent operational …
ai capabilities ai investments artificial intelligence building companies data data science enterprises investments machine learning money open-data open source roadmap spend