Over half of data-driven initiatives are failing

More than half of data-driven initiatives are failing in business, with 27 percent of failures due to a skills shortage according to new research from analytic database company Exasol. In the public sector, financial services and energy and utilities companies the failure rate rises to more than 60 percent. And in retail and financial services 40 percent blame skills shortages for failures. The most common initiatives to fail are data consolidation (29 percent), data migration (28 percent) and GDPR (20 percent). Financial services and IT/telecoms organizations are the worst for GDPR failure at 31 percent and 30 percent respectively. Other… [Continue Reading]