For organizations in every sector, grappling with the new world
of big data has presented huge challenges. Firms are rethinking
their strategies, rewriting their business models, reacting to new
regulations, implementing new technologies, and seeking to onboard
different competencies. Our team recently attended Big Data World
2019 in London, where industry leaders explored these themes and
more. A few major areas stood out in particular, which we, together
with KPMG Lighthouse, have outlined in this article. Read on for
seven keys you'll need to unlock the world of artificial
intelligence, machine learning, and more.
Don't dismiss artificial intelligence
AI is here to stay: the industry understands its importance and
wants to embrace it. The question, of course, is how. It begins
with rethinking operations along the entire value chain, updating
business models or developing new ones, and then finally exploring
and piloting AI tools. Some organizations remain