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CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
Table of Contents
Executive Summary .......................................................................................................................................................................................1
Section I: Building Trust in Data: How Analytics Leaders Get ‘the Right Stuff’...................................................................................2
Section II: Success With Customer Data Depends on Keeping Customers’ Trust .........................................................................10
Section III: Building Trust in Innovation by Creating a Culture of Inquiry and Experimentation ......................................................15
Executive Summary
Deriving more value from analytics and emerging technologies ϸ×ÙęÁ¸ęĝĎÁɷÓôİÁĎî î¸Áɷ î½čĝ èÙęiję× ę¸ î·ĝÙè½ęĎĝĒęÙî
èÙæÁ ĎęÙľ¸Ù èÙîęÁèèÙÓÁî¸ÁĒę ĎęĒıÙę×ęĎĝĒęɷĒÙíċèij·Á¸ ĝĒÁ½ ę data for analytics.
collected for analytics must be trusted. Much like the need for
sterility in clinical laboratories or a clear chain of evidentiary 2. Data privacy emerges as an opportunity.
¸ĝĒęô½ijÙîè ıÁîÒôϸÁíÁîęɷ¸ĝĒęôíÁĎĒ î½ċ ĎęîÁĎĒę× ęĒ× ĎÁ ! ę ĒÁ¸ĝĎÙęijÙĒę×ÁĒęĎôîÓÁĒęÒô¸ĝĒ íôîÓĒĝĎİÁijĎÁĒċôî½ÁîęĒɷ
½ ę íĝĒęęĎĝĒęę× ęÙęʖĒĒ ÒÁÓĝ Ď½Á½ î½ĝĒÁ½ ċċĎôċĎÙ ęÁèijÒĎôí ·ĝęę×ÁĎÁ ĎÁôċċôĎęĝîÙęÙÁĒęôÙî¸ĎÁ ĒÁę×Áí ęĝĎÙęijôÒĒÁ¸ĝĎÙęij
¸ôèèÁ¸ęÙôîę×ĎôĝÓ×ĒęôĎ ÓÁ î½ęô×ôıÙęʖĒ ċċèÙÁ½ɼôîİÁĎĒÁèijɷ ċĎ ¸ęÙ¸ÁĒ ·ij ċċèijÙîÓ î èijęÙ¸Ē î½ = Ùî ę×ÙĒ ĎÁî ɼ ! ę
ôî¸ÁÙîĒÙÓ×ęĒÁíÁĎÓÁÒĎôí ċċèijÙîÓ î èijęÙ¸Ēęôę×Á½ ę ɷÙî½Ù- ċĎÙİ ¸ijÙîÙęÙ ęÙİÁĒ ĎÁîôęčĝÙęÁ ĒĒęĎôîÓɼ=îęÁĎİÙÁıĒ×ÙÓ×èÙÓ×ę
viduals throughout the organization must understand the care ôċċôĎęĝîÙęÙÁĒ ęô ċċĎô ¸× ċĎÙİ ¸ij ÙîÙęÙ ęÙİÁĒ î½ 7!nq Ē
given to data management so that they trust those insights — ı ijęô·ĝÙè½ęĎĝĒęıÙę׸ĝĒęôíÁĎĒɷĎ ę×ÁĎę× îĒÙíċèijęĎÁ ęÙîÓ
î½ĝĒÁę×Áíʊęôí æÁ½Á¸ÙĒÙôîĒ î½ ĒæîÁıčĝÁĒęÙôîĒɼ ę×Áí Ē¸ôíċèÙ î¸Áʌ½ĎÙİÁîí î½ ęÁĒɼ
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CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
Building Trust in Data: {×ÁĒÁ ôĎÓ îÙĺ ęÙôîĒ Òô¸ĝĒ ôî ½ ę čĝ èÙęij î½ í î ÓÁíÁîęɼ
{×ÁijĒÁęĝċíÁ ĒĝĎÁĒÒôĎÓôİÁĎîÙîÓÙęĒċĎôċÁĎĝĒÁ î½ĒÁ¸ĝĎÙęijɷ
W
×ÁîÁîęÁĎċĎÙĒÁÙîÒôĎí ęÙôîèÁ ½ÁĎĒ ęę×ÁèÁİÁè î½ íôĎÁ¸ôîĒÙĒęÁîę½ ę ʊ î½íôĎÁċĎÁ¸ÙĒÁĎÁĒĝèęĒɷ!ôîôİ îĒ ijĒɼ
èÙîÙ¸ĒÁęę×ÁÓô èôÒ ½İ î¸ÙîÓę×ÁôĎÓ îÙĺ ęÙôîʖĒ
½ ę î èijęÙ¸Ēí ęĝĎÙęij ·ôĝęÒôĝĎijÁ ĎĒ Óôɷę×Áij ;ôıÁİÁĎɷĒĝ¸×·ÁîÁľęĒɷ·ĎÁ½ÒĎôí·ÁĒę î èijęÙ¸ĒċĎ ¸ęÙ¸ÁĒɷ ĎÁ
× ½ èĎÁ ½ijÁĒę ·èÙĒ×Á½ĒęĎôîÓċĎôÓĎ íĒÒôĎ½Á¸ÙĒÙôîĒĝċċôĎę ĒęÙèèîôęıÙ½ÁĒċĎÁ ½ɶWĝĎĎÁĒÁ ϸ×Ē×ôıĒę× ęíôĒęôĎÓ îÙĺ -
î½·ĝĒÙîÁĒĒÙîęÁèèÙÓÁî¸Áɼ{×ÁijæîÁıę× ęÓôÙîÓ·Áijôî½½ Ē×- ęÙôîĒ ĎÁ ĒęÙèè ½ÁİÁèôċÙîÓ ę×ÁÙĎ î èijęÙ¸Ē ¸ ċ ·ÙèÙęÙÁĒɼ HĝĒę ɗɛʾ
·ô Ď½Ē î½ĎÁċôĎęĒęôÓÙİÁ¸èÙîÙ¸Ù îĒ î½í î ÓÁĎĒċĎÁ½Ù¸ęÙİÁ ôÒĒĝĎİÁijĎÁĒċôî½ÁîęĒĎÁċôĎęę× ęę×ÁijĝĒÁ ½İ î¸Á½ î èijęÙ¸Ē
ʊ î½ċĎÁĒ¸ĎÙċęÙİÁʊÙîĒÙÓ×ęĒċôıÁĎÁ½·ij ĎęÙľ¸Ù èÙîęÁèèÙÓÁî¸Á ęô ÙîÒôĎí í î ÓÁíÁîę ½Á¸ÙĒÙôîĒɼ 6ÁıÁĎ ę× î ôîÁ Ùî ɗɖ ĎÁ
î½í ¸×ÙîÁèÁ ĎîÙîÓıôĝè½½Áí î½íôĎÁę× îäĝĒęĒĝċċèijÙîÓ ıôĎæÙîÓıÙę× ĝęôí ęÁ½ î èijęÙ¸Ēɷ î½ôîèijɝʾ ċċèijí ¸×ÙîÁ
the technology. learning and artificial intelligence in decision-making or
ċĎô½ĝ¸ęÙôîıôĎæĿôıĒɼ6 ĎíôĎÁ¸ôííôîɷĎÁĒċôî½ÁîęĒĎÁèij
The leading academic medical center recognized that to create ôî·ĝĒÙîÁĒĒÙîęÁèèÙÓÁî¸ÁęôôèĒ î½ÁíċèôijÁÁ½ Ē×·ô Ď½Ēęô
¸ĝèęĝĎÁı×ÁĎÁċÁôċèÁĝî½ÁĎĒę î½ î½ĝĒÁ ½İ î¸Á½ î èijęÙ¸Ē ĒĝċċôĎę½Á¸ÙĒÙôîʌí æÙîÓɼ
ęôí æÁ·ÁęęÁĎ½Á¸ÙĒÙôîĒɷÙęîÁÁ½Á½ęôÒô¸ĝĒôîÙęĒÙîÒôĎí ęÙôî
î½½ ę ɶʓ%îĒĝĎÁę× ęÙęʖĒ İ Ùè ·èÁɷę× ęÙęʖĒİ èÙ½ɷę× ęÙęʖĒ ęę×ÁĒ íÁęÙíÁɷıÁô·ĒÁĎİÁ½ı× ę¸ôĝè½·Á¸ èèÁ½ ʓĝęÙèÙęij
ÓôİÁĎîÁ½ ċċĎôċĎÙ ęÁèijɷ ę× ę ıÁ × İÁ ę×Á ĎÙÓ×ę ċĎô¸ÁĒĒÁĒ Ó ċʔɶ ×ÙèÁ ɝɜʾ ôÒ ĎÁĒċôî½ÁîęĒ ĎÁċôĎę ę×Áij × İÁ Ùî¸ĎÁ ĒÁ½
Ďôĝî½ ¸¸ÁĒĒÙîÓ Ùęɷ ĝĒÙîÓ Ùęɷ Ē× ĎÙîÓ Ùęɷ ċĎôęÁ¸ęÙîÓ Ùęɷʔ Ē ijĒ ¸¸ÁĒĒęô½ ę ę×Áijäĝ½ÓÁĝĒÁÒĝèʊı×Ù¸×ÙĒîôęĒĝĎċĎÙĒÙîÓɷÓÙİÁî
×ĎÙĒ !ôîôİ îɷ ÁIJÁ¸ĝęÙİÁ ½ÙĎÁ¸ęôĎ ôÒ ÁîęÁĎċĎÙĒÁ ÙîÒôĎí ęÙôî ę×ÁċĎôèÙÒÁĎ ęÙôîôÒ½ ę ę× ę ¸¸ôíċ îÙÁĒę×Á½ÙÓÙę èÙĺ ęÙôîôÒ
management and analytics. ·ĝĒÙîÁĒĒʊę× ę ¸¸ÁĒĒ½ôÁĒîôęÁčĝ èÁíċôıÁĎíÁîęɼíĝ¸×
Ēí èèÁĎ îĝí·ÁĎ Ē ij ę×Áij ĎÁ ·èÁ ęô èÁİÁĎ ÓÁ ę× ę ½ ę ɶ Wîèij
Trust Advances Analytics Maturity ɚəʾ ÒÁÁè ę×Áij ÒĎÁčĝÁîęèij × İÁ ę×Á ĎÙÓ×ę ½ ę îÁÁ½Á½ ęô í æÁ
LÙæÁ ôę×ÁĎ èÁ ½ÙîÓ ôĎÓ îÙĺ ęÙôîĒ ċĝĎĒĝÙîÓ ½İ î¸Á½ î èijęÙ¸Ē ½Á¸ÙĒÙôîĒɼ{×ÙĒĝęÙèÙęijÓ ċÙĒ ċÁĎĒÙĒęÁîęęĎÁî½ɷıÙę× ĒÙíÙè Ď
¸ ċ ·ÙèÙęÙÁĒɷę×ÁèÁİÁè î½èÙîÙ¸× Ēċè ¸Á½ ċĎÙôĎÙęijôî Ó ċÒôĝî½Ùîę×ÁMIT Sloan Management Review ĒĝĎİÁijÙîɘɖɗɝɗ
building trust — trust in the data that’s collected and stored ʈĒÁÁ6ÙÓĝĎÁɗʉɼ
and trust in the analytic insights it generates. And it has seen
×ôı·ĝÙè½ÙîÓę× ęęĎĝĒę¸ îĎÁÙîÒôϸÁ ¸ĝèęĝĎÁę× ęęĎĝĒęĒ î½ Figure 1: A ‘Utility Gap’ Persists Percentage of respondents
Percentage of respondents
reporting somewhat or
reporting somewhat
significantly improved or significantly
access
embraces data-driven decision-making. improved
to access
useful data to useful
over datayear
the past
78% 76% over the past year
Percentage
Percentage ofofrespondents
respondents
reporting frequently or or always
6Ùî½ÙîÓĒ ÒĎôí ôĝĎ ĎÁ¸Áîę ĒĝĎİÁijɷ ı×Ù¸× Òô¸ĝĒÁ½ ôî ę×Á ½ ę reporting frequently
having theright
rightdata
data
always
to inform
having the to inform
business decisions
î½ î èijęÙ¸Ē ċĎ ¸ęÙ¸ÁĒ ôÒ íôĎÁ ę× î ɘɷɚɖɖ ·ĝĒÙîÁĒĒ èÁ ½ÁĎĒ business decisions
44% 43%
î½í î ÓÁĎĒɷĝî½ÁĎĒ¸ôĎÁĒę×ÁÙíċôĎę î¸ÁôÒĒĝ¸×ċĎÙôĎÙęÙÁĒɼ While the majority of survey
respondents reported
Á Òôĝî½ ĒęĎôîÓ ¸ôĎĎÁè ęÙôî ·ÁęıÁÁî ę×ôĒÁ ı×ô ĎÁċôĎę increased access to data in
surveys conducted in 2017
ĝĒÙîÓę×ÁíôĒę ½İ î¸Á½ î èijęÙ¸ĒęÁ¸×îÙčĝÁĒ î½ę×ôĒÁı×ôĒÁ and 2018, those who believe
ôĎÓ îÙĺ ęÙôîĒ ¸ęÙİÁèij ÒôĒęÁĎ ½ ę čĝ èÙęijɷ Ē ÒÁÓĝ Ď½ ½ ę they have the data they
need for decision-making
ĒĒÁęĒɷ î½·ĝÙè½ ½ ę ʌ½ĎÙİÁî¸ĝèęĝĎÁɼ remain in the minority.
2017 2018
2 uɼq îĒ·ôę× í î½!ɼJÙĎôîɷʓĒÙîÓî èijęÙ¸Ēęô=íċĎôİÁĝĒęôíÁĎ%îÓ ÓÁíÁîęɷʔ
ɗ
Q={uèô îQ î ÓÁíÁîęqÁİÙÁıɷH îɼəɖɷɘɖɗɞɼ
CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
Why Closing the Trust Gap Matters ęô čĝ èÙęij ÙĒĒĝÁĒ ʊ ċĎ ¸ęÙ¸Á ę× ę HÁ îîÁ qôĒĒɷ ċĎÙî¸Ùċ è
×ÙèÁę×ÁĎÁ¸ î·Á Ď îÓÁôÒĎÁ ĒôîĒı×ijċÁôċèÁí ijîôęÒÁÁè ĎÁĒÁ ϸ×Ē¸ÙÁîęÙĒę ęę×ÁQ={ÁîęÁĎÒôĎ=îÒôĎí ęÙôîuijĒęÁíĒ
ę×Áij × İÁ ę×Á ʓĎÙÓ×ęʔ ½ ę ęô × î½èÁɷ ôĝĎ ĒĝĎİÁij ċĎô·Á½ î½ qÁĒÁ ϸ×ɷ ½İÙĒÁĒ Ó ÙîĒęɼ
Òôĝî½ÁİÙ½Áî¸ÁÒôĎôîÁɶ ęĎĝĒęÓ ċɼWîèij İÁĎijĒí èèíÙîôĎÙęij
ôÒĎÁĒċôî½ÁîęĒĒ iję×Áijʓ èı ijĒʔęĎĝĒę½ ę äĝ½ÓÁ½·ijčĝ èÙęÙÁĒ ʓ{×ÁıôĎĒęċè ¸ÁęôÒÙIJę×Á½ ę ÙĒı×ÁîÙęʖĒ èĎÁ ½ij·ÁÁî
ôÒ ĎÁèÁİ î¸Áɷ ¸ôíċèÁęÁîÁĒĒɷ ęÙíÁèÙîÁĒĒɷ î½ ¸¸ĝĎ ¸ijʁ ĒèÙÓ×ęèij ¸ôèèÁ¸ęÁ½ɷʔĒ ijĒqôĒĒɼ! ę čĝ èÙęijÁÒÒôĎęĒĒ×ôĝè½Òô¸ĝĒôîę×Á
íôĎÁę× î× èÒĒ iję×Áijäĝ½ÓÁ½ ę ęĎĝĒęıôĎę×ij·iję×ôĒÁčĝ èÙęÙÁĒ ·ĝĒÙîÁĒĒċĎô¸ÁĒĒę× ęę æÁĒÙî½ ę ɷı×Áę×ÁĎę× ęÙĒÒĎôí¸ĝĒ-
ęèÁ ĒęʓôÒęÁîʔʈĒÁÁ6ÙÓĝĎÁɘʉɼ{×ÙĒľî½ÙîÓĒĝÓÓÁĒęĒ ĒÙÓîÙľ¸ îę ęôíÁĎĒôĎ ċ ĎęôÒę×Á·ĝĒÙîÁĒĒɼ
ôċċôĎęĝîÙęijęôĒ×ôĎÁĝċ½ ę čĝ èÙęijęô·ĝÙ轸ôîľ½Áî¸ÁÙî½ ę
ÒôĎ î èijęÙ¸ĒɷÙîċ ĎęÙ¸ĝè Ďı×ÁîÙę¸ôíÁĒęôÙî¸ĎÁ ĒÙîÓę×Á
èÙæÁèÙ×ôô½ę× ę½ ę ÙĒ¸ôíċèÁęÁʊę×Á ĒċÁ¸ęęĎĝĒęÁ½èÁ ĒęôÒęÁîɼ Figure 3: Data Quality
21% 7% Efforts Show Room for
Improvement
{×ÁĎÁ ÙĒ íċèÁ ôċċôĎęĝîÙęij ÒôĎ ôĎÓ îÙĺ ęÙôîĒ ęô ½ô íôĎÁɶ
Just one in five organizations
Wîèij ɘɗʾ ôÒ ĒĝĎİÁij ĎÁĒċôî½ÁîęĒ ĎÁċôĎę ÒôĎí è ċċĎô ¸×ÁĒ takes a formal approach
to data quality, while 30%
ęô ½ ę čĝ èÙęijɷ ı×Ù¸× ıÁ ½ÁľîÁ½ Ē ĎôĝęÙîÁèij íôîÙęôĎÙîÓɷ report at least proactive
í î ÓÙîÓɷ î½ÙíċĎôİÙîÓ½ ę čĝ èÙęij Ēċ ĎęôÒ ÒôĎí è½ ę efforts. The plurality of
30% 42% respondents still tackle
ÓôİÁĎî î¸ÁÁÒÒôĎęʈĒÁÁ6ÙÓĝĎÁəʉɼ{×Áè ĎÓÁĒęÓĎôĝċÙĒĎÁ ¸ęÙİÁ the issue informally.
28%
qôĒĒ ¸æîôıèÁ½ÓÁĒĒĝ¸×ċĎ Óí ęÙĒíę æÁĒ¸ôííÙęíÁîęɼ×ÙèÁ
21% ÙęʖĒĒęĎ ÙÓ×ęÒôĎı Ď½ęôĒ ijɷʓ6ÙIJijôĝĎċĎô¸ÁĒĒÁĒĒôę× ęę×Á½ ę
¸ôèèÁ¸ęÙôîÙĒİÁĎijĎÁèÙ ·èÁ î½ę×Áčĝ èÙęijÙĒĒĝÁĒ ĎÁċĎÁęęijíÙî-
11% 12% Ùí èɷʔíÁÁęÙîÓę× ęÓô èÙĒ ¸× èèÁîÓÁɼ{× ęʖĒ·Á¸ ĝĒÁÙęę æÁĒ
9% 9% ôîÓôÙîÓ½ÙĒ¸ÙċèÙîÁęôĎÁľîÁ½ ę ¸ôèèÁ¸ęÙôîċĎô¸ÁĒĒÁĒɷęÁĒęÙîÓ
6% 6% 6% ½ ę čĝ èÙęijĎÁÓĝè Ďèij èôîÓę×Áı ijɼ
3%
1% 1% 1%
ĝęÙî×ÁĎĎÁĒÁ ϸ×ɷqôĒĒ× ĒÒôĝî½ę×ÁÁÒÒôĎęċ ijĒôÒÒɼʓ;ÁĎÁʖĒ
Relevant Complete Up to date Accurate ę×ÁÙîęÁĎÁĒęÙîÓę×ÙîÓ ·ôĝę î èijęÙ¸ĒɶôĝĎĝîÙčĝÁôċċôĎęĝîÙęij
ÙĒÓôÙîÓęô·ÁôîijôĝĎôıî½ ę ɷʔĒ×ÁĒ ijĒɼ{×ÁċĎÙî¸ÙċèÁ ċċèÙÁĒ
AlwaysAlwaysOften Often Sometimes
Sometimes Rarely Rarely
Never Never
ı×Áę×ÁĎ ¸ôíċ îijÙĒĝĒÙîÓÙęĒôıîÙîęÁĎî è½ ę ôĎ ĝÓíÁîę-
Few survey respondents are always confident in the quality of their analytics ÙîÓę× ę½ ę ıÙę×ę×ÙĎ½ʌċ ĎęijĒôĝϸÁĒɼʓ=Òijôĝ× İÁ½ ę ɷ î½
data, although a majority of respondents often trust that it’s accurate, up
to date, and relevant. Trust in completeness of data is lowest, but trust in ijôĝĒĝċċèÁíÁîęę× ę½ ę î½ijôĝ½ôę× ęÙîı ijĒę× ęôę×ÁĎ
accuracy is most frequent.
Percentages may not equal 100 due to rounding.
3
CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
Data from Internally Publicly Regulators’ Competitors’ Vendor- Customer- Data from Internally Publicly Regulators’ Competitors’ Vendor- Customer-
sensors/IoT generated available data data provided provided sensors/IoT generated available data data provided provided
data data data data
Most attention is paid to verifying internal and customer data. Internal data is also
the most trusted source, while that provided by customers lags in fourth place.
Percentages may not equal 100 due to rounding.
4
CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
5
CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
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CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
15%
5%
2%
ċċĎô ¸× ÙĒ ¸Ďĝ¸Ù è ÒôĎ ę×Á ¸ôîĒĝíÁĎ · îæʖĒ ! ę u¸ÙÁî¸Á Ē ę×ÁĒÁ èÁ ½ÙîÓ ċĎ ¸ęÙęÙôîÁĎĒ ¸æîôıèÁ½ÓÁɷ Òô¸ĝĒ ôî ½ ę
ÁîęÁĎôÒ%IJ¸ÁèèÁî¸Áɷı×ÁĎÁę×ÁÒô¸ĝĒÙĒôîĎÁ ¸×ÙîÓ¸ĝĒęôíÁĎĒ čĝ èÙęijĎÁčĝÙĎÁĒ¸ôííÙęęÙîÓĎÁĒôĝϸÁĒ î½·ĝ½ÓÁęɼÓ ÙîɷôĝĎ
ıÙę׸ôíċÁèèÙîÓôÒÒÁĎĒı×ÙèÁí Ùîę ÙîÙîÓ ·ĝĒÙîÁĒĒĎÁè ęÙôî- ĎÁĒÁ ϸ×Òôĝî½ Ò ÙĎèijíô½ÁĒęíÙîôĎÙęijÙîę×Áİ îÓĝ Ď½ɶHĝĒę
Ē×Ùċ·ĝÙèęôîęĎĝĒęɼ ɗɛʾ ĎÁċôĎęÁ½ ĒÙÓîÙľ¸ îę ·ĝ½ÓÁę Ùî¸ĎÁ ĒÁĒ ÒôĎ ½ ę čĝ èÙęij Ùî
ę×Áċ ĒęijÁ ĎʈĒÁÁ6ÙÓĝĎÁɛʉɼ×ÙèÁÙęʖĒÓôô½îÁıĒę× ęɚɖʾĒęÙèè
QôĎ½ÁʖĒęÁ í× ĒĝĒÁ½ ½İ î¸Á½ęÁ¸×îÙčĝÁĒĒĝ¸× Ēí ¸×ÙîÁ Ē ı ĒôíÁ Ùî¸ĎÁ ĒÁ Ùî ·ĝ½ÓÁęɷ ÙęʖĒ èÙæÁèij ę× ę ę×Á ĎÁí Ùî½ÁĎɷ
èÁ ĎîÙîÓɷ ½ÁÁċ èÁ ĎîÙîÓɷ î ęĝĎ è è îÓĝ ÓÁ ċĎô¸ÁĒĒÙîÓ èÓô- ı×ôĒÁ·ĝ½ÓÁęĒĒę ijÁ½Ŀ ęôĎ½Á¸ĎÁ ĒÁ½ɷí ijľî½Ùę ·ÙęíôĎÁ
ĎÙę×íĒɷ ęôċÙ¸ íô½ÁèÙîÓɷ î½ ĒÁîęÙíÁîę î èijĒÙĒ ęô ÁIJ íÙîÁ challenging to advance their analytics maturity.
¸ĝĒęôíÁϸôíċè ÙîęĒɼÒęÁĎľî½ÙîÓċ ęęÁĎîĒÙîę×ÙĒęÁIJęʌ· ĒÁ½
½ ę ɷę×Á· îæ¸× îÓÁ½ĒôíÁôÒÙęĒċôèÙ¸ÙÁĒɼ ÁęęÁĎîÁıĒí ij·Áę× ę Òĝèèę×ÙĎ½ôÒĒĝĎİÁijĎÁĒċôî½ÁîęĒîôı
ıôĎæÙîôĎÓ îÙĺ ęÙôîĒę× ęÁíċèôij ¸×ÙÁÒ½ ę ôÒľ¸ÁĎôϸ×ÙÁÒ
ʓ{×Áî ęĝĎ èè îÓĝ ÓÁċĎô¸ÁĒĒÙîÓ èèôıÁ½ĝĒęôĝî¸ôİÁĎę×ôĒÁ î èijęÙ¸ĒôÒľ¸ÁĎɼÁÒôĝî½ę× ęę×ôĒÁĎÁĒċôî½ÁîęĒ ĎÁĒÙÓîÙľ-
½ÁÁċɷ×Ù½½ÁîÙîĒÙÓ×ęĒɼÁıÁĎÁ ·èÁęôę×Ùîæ ·ôĝęÙęİÁĎij¸ôí- ¸ îęèijíôĎÁèÙæÁèijęô èĒôĎÁċôĎę·ÁÙîÓôîę×ÁĎÙÓ×ęĒÙ½ÁôÒę×Á
ċĎÁ×ÁîĒÙİÁèij ÒĎôí ę×Á ¸ĝĒęôíÁĎʖĒ ċôÙîę ôÒ İÙÁı î½ ¸ęĝ èèij ĝęÙèÙęijÓ ċʊíÁ îÙîÓę×Áij× İÁę×ÁĎÙÓ×ę½ ę ęôÙîÒôĎíę×ÁÙĎ
í ½ÁĒôíÁę îÓÙ·èÁÙíċ ¸ęôîę×Á¸ĝĒęôíÁĎÁIJċÁĎÙÁî¸ÁɷʔQôĎ- business decisions.O
½Á Ē ijĒɼ ÒęÁĎ ę×ÁĒÁ ¸× îÓÁĒɷ ¸ôíċè Ùîę Ď ęÁĒ ½ÙċċÁ½ ęô ę×ÁÙĎ
èôıÁĒę ċôÙîę Ùî ÒôĝĎ ijÁ ĎĒɼ î½ Ùî ę×Á ɘɖɗɞ Hɼ!ɼ nôıÁĎ ĎÁ½Ùę
Ď½u ęÙĒÒ ¸ęÙôîuęĝ½ijɷ ϸè ijĒuíôİÁ½ÒĎôíĒÁİÁîę×ċôĒÙ-
ęÙôîęôę×ÙĎ½ċôĒÙęÙôîɼ
7
CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
I N D U ST RY S N A P S H OT
{×ÁèÁ ½ÁĎĒôÒèÁİÁè î½èÙîÙ¸ʖĒɚʌijÁ Ďʌôè½ÁîęÁĎċĎÙĒÁ î èijęÙ¸ĒÙîÙęÙ ęÙİÁ ĎÁÒô¸ĝĒÁ½
ôî·ĝÙè½ÙîÓęĎĝĒęÙîę×Á½ ę ę×ÁôĎÓ îÙĺ ęÙôîí æÁĒ İ Ùè ·èÁęôĒĝċċôĎę½Á¸ÙĒÙôîĒɼ
ĎÁ ęÙîÓ ¸ÁîęĎ èċè ęÒôĎíÙĒôîÁĒęĎ ęÁÓijęô ½İ î¸Áę×ôĒÁÁÒÒôĎęĒɼ
ÁÒôĎÁę×ÁÁÒÒôĎę·ÁÓ îɷèÁİÁè î½èÙîÙ¸× ½ İÁĎij½Á¸ÁîęĎ èÙĺÁ½ ċċĎô ¸×ɷıÙę×
ęÁ íĒ·ĝÙè½ÙîÓę×ÁÙĎôıî½ ę ĒęôĎÁĒ î½½ÁİÁèôċÙîÓę×ÁÙĎôıî î èijęÙ¸ĒċĎôäÁ¸ęĒ
ıÙę×Ùî¸ôîĒÙĒęÁîęĎÁĒĝèęĒɼ
¸ÁîęĎ èÙĺÁ½ î èijęÙ¸Ēċè ęÒôĎíı Ē èĒô ·ôĝęÁĒę ·èÙĒ×ÙîÓôîÁĒÁęôÒ½ ę ÒôĎę×Á
Chris Donovan,
executive director of ôĎÓ îÙĺ ęÙôîɷĒ ijĒ×ĎÙĒ!ôîôİ îɷÁIJÁ¸ĝęÙİÁ½ÙĎÁ¸ęôĎôÒÁîęÁĎċĎÙĒÁÙîÒôĎí ęÙôî
enterprise information í î ÓÁíÁîę î½ î èijęÙ¸Ēɼʓ=ÒıÁí æÁę× ęċè ęÒôĎí¸ôíċÁèèÙîÓÁîôĝÓ×ÙîęÁĎíĒôÒ
management and analytics, ċÁĎÒôĎí î¸Áɷ î½ĎÁ èèijċ ĎęîÁĎıÙę×ę×Áí î½Á½ĝ¸ ęÁę×ÁíÙîęÁĎíĒôÒę×Á½ ę ę× ę
Cleveland Clinic ıÁ× İÁ İ Ùè ·èÁɷıÁÁèÙíÙî ęÁę× ęîÁÁ½ęô¸ôċij½ ę èèôİÁĎę×Áċè ¸Á î½ċÁôċèÁ
·ÁÓÙîęôęĎĝĒęę× ę¸ÁîęĎ è½ ę ĒęôĎÁɷʔ!ôîôİ îĒ ijĒɼ
{×Á ċċĎô ¸×ÙĒıôĎæÙîÓɼ{Á íĒÒĎôí Ďôĝî½ę×Á¸èÙîÙ¸ ĎÁíôİÙîÓĒôíÁôÒę×ÁÙĎıôĎæ
Ùîęôę×Áċè ęÒôĎíɷı×Ù¸×ÙĒ½ÁĒÙÓîÁ½ęôÁî ·èÁę×Áíęô× İÁ ½íÙîÙĒęĎ ęÙİÁĎÙÓ×ęĒęô
ę×Á½ ę Ùî ½Á½Ù¸ ęÁ½ ĎÁ ôÒı× ę!ôîôİ î¸ èèĒ ½ ę è ·ɼęÁ íîÁÁ½Ē ċċĎôİ è
ęô¸ĎÁ ęÁÙęĒĒċ ¸ÁÙîę×Áè ··ĝęîôęęô½ô î èijęÙ¸ĒıôĎæę×ÁĎÁɼ
HEALTH CARE
“
Those very tangible changes in behavior indicate
”
to me that we’re building that trust.
{×ÁĎÁ ĎÁĒôíÁ·ÙÓ·ÁîÁľęĒɼ6ÙĎĒęɷęÁ íĒę× ęĝĒÁę×Á¸ÁîęĎ èÙĺÁ½ċè ęÒôĎí ĎÁîô
èôîÓÁĎ ĒæÙîÓ!ôîôİ îʖĒÓĎôĝċÒôϸôċÙÁĒôÒ¸èÙîÙ¸½ ę ĒÁęĒęôÁIJċÁĎÙíÁîęıÙę×ɼuÁ¸ôî½ɷ
ę×Áċè ęÒôĎíÙíċĎôİÁĒę×Áčĝ èÙęijôÒę×Á½ ę ·Á¸ ĝĒÁċÁôċèÁ ¸¸ÁĒĒÙîÓÙę½ôîʖę× İÁęô
ıôĎĎijı×Áę×ÁĎę×Áij ĎÁÓÁęęÙîÓę×ÁíôĒęĝċʌęôʌ½ ęÁİÁĎĒÙôîôÒę×Á½ ę ʊę× ęʖĒæîôıîɼ
î½ę×ÙĎ½ɷę×Áċè ęÒôĎíÁî× î¸ÁĒę×Á¸ĝèęĝĎÁÒôĎ î èijęÙ¸Ēɼ
ʓ{×ôĒÁİÁĎiję îÓÙ·èÁ¸× îÓÁĒÙî·Á× İÙôĎÙî½Ù¸ ęÁęôíÁę× ęıÁʖĎÁ·ĝÙè½ÙîÓę× ęęĎĝĒęɷʔ
Donovan says.
Á¸ ĝĒÁċÁôċèÁ ĎÁĝĒÙîÓę×Á¸ÁîęĎ è½ ę ĒęôĎÁɷ!ôîôİ îʖĒęÁ íîôı× ĒÙîĒÙÓ×ęÙîęô
ĝċ½ ęÁĒ î½íô½Ùľ¸ ęÙôîĒę× ę ĎÁí ½Áęôę×Á½ ę ɼʓÁ¸ î× İÁ ¸ôîİÁĎĒ ęÙôî
·ôĝęɷʕ=Ēę×ÙĒĎÁ èèiję×Á½ ę ę× ęʖĒıĎôîÓɽ=Ēę×ÙĒ îÙîęÁĎċĎÁę ęÙôîÙĒĒĝÁɽʖʔ×ÁĒ ijĒɼ{× ę
æÙî½ôÒ ı ĎÁîÁĒĒ¸ î×Áèċ¸èÁ Ďĝċ¸ôîÒĝĒÙôî ·ôĝę½ÙÒÒÁĎÙîÓĝĒÁĒôÒęÁĎíÙîôèôÓij î½
èÁ ½ęô ÓĎÁÁíÁîę ·ôĝę½ ę ½ÁľîÙęÙôîĒɼijıÙîîÙîÓęĎĝĒęÙî ¸ÁîęĎ è½ ę ĒęôĎÁɷę×Á
¸èÙîÙ¸Áî ·èÁ½ ÒÁÁ½· ¸æèôôċę× ę¸ îèÁ ½ęô îôę×ÁĎ·ÁîÁľęɶ·ÁęęÁĎ½ ę í î ÓÁíÁîęɼ
8
CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
I N D U ST RY S N A P S H OT
{ô·ĝÙè½ ¸ĝèęĝĎÁôÒ½ ę ʌ½ĎÙİÁî½Á¸ÙĒÙôîʌí æÙîÓ î½Ùîîôİ ęÙôîɷ ęÁĎċÙèè ĎʖĒ î èijęÙ¸Ē
ÓĎôĝċıôĎæĒ¸èôĒÁèijıÙę×·ĝĒÙîÁĒĒĝîÙęèÁ ½ÁĎĒę×ĎôĝÓ×ôĝęę×Áʛɚɛ·ÙèèÙôî¸ôíċ îijɼ{×ÙĒ
×ÁèċĒÁîĒĝĎÁę× ę î èijęÙ¸ĒĒĝċċôĎęĒ·ĝĒÙîÁĒĒîÁÁ½Ē î½ıÙîĒÁIJÁ¸ĝęÙİÁĒĝċċôĎęɼ
QRUJDQ ıęÁĎɷ¸×ÙÁÒ î èijęÙ¸Ē½ÙĎÁ¸ęôĎ ęę×Á¸ôíċ îijɷĒ ijĒ×ÁĎęÁ íĒÙęĒ½ôıîıÙę×ę×Á
èÁ ½ÁĎĒôÒĝîÙęĒęôę ÙèôĎĒęĎ ęÁÓÙÁĒęôÒÙęę×ÁîÁÁ½ĒôÒÁ ¸×ɼʓ=ęʖĒí æÙîÓĒĝĎÁę× ęɷ·Á¸ ĝĒÁ
ıÁ× İÁ İÁĎij½ÙİÁĎĒÁ·ĝĒÙîÁĒĒɷıÁ½ôîʖęäĝĒę× İÁ î î èijęÙ¸ĒĒęĎ ęÁÓijÒôĎę×Á¸ôíċ îijʊ
ıÁ× İÁ î èijęÙ¸ĒĒęĎ ęÁÓÙÁĒę× ęÁî ·èÁę×Á·ĝĒÙîÁĒĒĝîÙęĒęĎ ęÁÓÙÁĒɷʔ ıęÁĎĒ ijĒɼʓèĒôɷ
ę× ęʖĒĝĒÁÒĝè·Á¸ ĝĒÁÙęÓÁęĒę× ęÁIJÁ¸ĝęÙİÁ·ĝijʌÙîɼ{×Áij·Á¸ôíÁ ½İô¸ ęÁĒÒôĎÙęɷ î½ę× ę
Morgan Vawter, ¸ Ē¸ ½ÁĒ½ôıî î½ĎÁ èèij¸ĎÁ ęÁĒ èÁİÁèôÒôıîÁĎĒ×ÙċÙîę×Á·ĝĒÙîÁĒĒĝîÙęÒôĎĝĒÙîÓ
chief analytics director,
Caterpillar analytics to enable business success.”
ęÁĎċÙèè ĎĒÁĎİÁĒÙî½ĝĒęĎijĒÁÓíÁîęĒÙî¸èĝ½ÙîÓÁîÁĎÓijɷęĎ îĒċôĎę ęÙôîɷ¸ôîĒęĎĝ¸ęÙôîɷ î½
íÙîÙîÓɷ î½× Ē ĝîÙęÒôϸĝĒęôíÁĎ î½½Á èÁĎĒĝċċôĎęɼ%îĒĝĎÙîÓę× ęÁ ¸×ÓĎôĝċ× ĒÙęĒ
MANUFACTURING
ôıî î èijęÙ¸ĒĒęĎ ęÁÓijÁî ·èÁĒ ıęÁĎʖĒôĎÓ îÙĺ ęÙôîęôę ÙèôĎ î èijęÙ¸ĒċĎôäÁ¸ęĒęôí IJÙíÙĺÁ
İ èĝÁÒôĎÁ ¸×ĝîÙęʊ î½ęôľęÙęĒ î èijęÙ¸Ēí ęĝĎÙęijèÁİÁèɼ
Ùę× îôİÁĎ Ď¸×ÙîÓ ċċĎô ¸×ę× ęċĎôİÙ½ÁĒ Óèô· èİÙÁıôÒ èèę×Á¸ôíċ îijʖĒÁÒÒôĎęĒɷ
ęÁĎċÙèè ϸ îę æÁĒĝ¸¸ÁĒĒÒĝèċĎôäÁ¸ęĒ î½ ċċèiję×Áíę×ĎôĝÓ×ôĝęę×Á¸ôíċ îijɼnĎÁİÙôĝĒèijɷ
î èijęÙ¸ĒÁIJ¸ÁèèÁî¸Áí ij× İÁĒċĎĝîÓĝċÙîċô¸æÁęĒıÙę×ÁÒÒôĎęĒĒĝ¸× ĒĒĝċċèij¸× Ùî
î èijęÙ¸ĒôĎí ĎæÁęÙîÓ î èijęÙ¸Ēɷ·ĝęę×ôĒÁęôôèĒí ijîôę× İÁę×Áî·ÁÁî ċċèÙÁ½ę×ĎôĝÓ×
ę×Á·ĝĒÙîÁĒĒĝîÙęɼʓWĝĎ î èijęÙ¸ĒĎô ½í ċĒ× İÁĎÁ èèijĒ×ôıÁ½ę×ÁċôıÁĎôÒɷʕ;ÁijɷÙÒ=ʖí
½ôÙîÓ î èijęÙ¸Ē×ÁĎÁɷÙęÙíċ ¸ęĒę×ÙĒ î½ÙęÙíċ ¸ęĒę×ÁÁîęÙĎÁİ èĝÁ¸× Ùîɼʖî½ĒôıÁʖİÁ
ĒÁÁî èôęôÒĒ¸ èÁ½ î èijęÙ¸Ē Ē ĎÁĒĝèęôÒ× İÙîÓę×ôĒÁĒęĎ ęÁÓÙÁĒɷʔ ıęÁĎĒ ijĒɼ
9
CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
Data Depends on Keeping The Pivotal Roles of Data Security and Privacy
Customers’ Trust %İÁî íôĎÁ Ēôċ×ÙĒęÙ¸ ęÁ½ íÁ ĒĝĎÁĒ ĎÁ Ùî ċè ¸Á ôĎ ĝî½ÁĎı ij
ęíôĒęôĎÓ îÙĺ ęÙôîĒɼĒèÙÓ×ęí äôĎÙęij× İÁÙíċèÁíÁîęÁ½ôĎ
P
ractitioners in our recent Data & Analytics survey have ĎÁ ċè îîÙîÓ ęô ½Áċèôij ½İ î¸Á½ î èijęÙ¸Ē ęô ċĎÁ½Ù¸ę ¸ij·ÁĎʌ
ÓôęęÁî ę×Á íÁíô ôî ½ ę ĒÁ¸ĝĎÙęijɶ î èijęÙ¸Ē ½ÁċÁî½ ÙîęĎĝĒÙôîĎÙĒæĒɼQôĎÁę× î× èÒʈɛɚʾʉ ĎÁĝĒÙîÓôĎÙíċèÁíÁîęÙîÓ
ôî½ ę ʊ î½ÙÒę× ę½ ę ÙĒèôĒęôĎĒęôèÁîɷôĎÙÒ¸ĝĒ- ¸ij·ÁĎĒÁ¸ĝĎÙęijÒĎ íÁıôĎæɼî½əɝʾ× İÁ ¸×ÙÁÒÙîÒôĎí ęÙôî
ęôíÁĎĒ î½ċ ĎęîÁĎĒ·Á¸ôíÁĎÁèĝ¸ę îęęôĒ× ĎÁ½ ę ·Á¸ ĝĒÁ ĒÁ¸ĝĎÙęij ôÒľ¸ÁĎ ęô èÁ ½ ę×ÁĒÁ ÁÒÒôĎęĒɷ ıÙę× îôę×ÁĎ ɗɞʾ ċè î-
ôÒ¸ôî¸ÁĎîĒôİÁĎ×ôıÙęıÙèè·Á× î½èÁ½ɷę×Á½ ę ʌ½ĎÙİÁîÁîęÁĎ- îÙîÓôĎÙíċèÁíÁîęÙîÓę× ęĎôèÁʈĒÁÁ6ÙÓĝĎÁɝʉɼ
ċĎÙĒÁÙĒ ęĎÙĒæɼ
47%
Figure 7: Security Frameworks and CISOs Take Hold
4% 43% 44%
ôííôîʌĒÁîĒÁĒÁ¸ĝĎÙęijċĎ ¸ęÙ¸ÁĒ ĎÁıÙ½ÁĒċĎÁ ½ íôîÓĒĝĎ-
39%
İÁij ĎÁĒċôî½ÁîęĒɼ ĒęĎôîÓ í äôĎÙęij ʊ ɜəʾ ʊ ÁÙę×ÁĎ × İÁ ôĎ 37%
ĎÁ ÙíċèÁíÁîęÙîÓ ĎÁĒċôîĒÁ ċè î Ùî ¸ ĒÁ ę×ÁÙĎ ôĎÓ îÙĺ ęÙôî 33% 33%
ĒĝÒÒÁĎĒ ½ ę ·ĎÁ ¸×ɼuÁİÁîôĝęôÒɗɖÁÙę×ÁĎęĎ ¸æôĎ ĎÁ¸ĎÁ-
ęÙîÓę×ÁíÁ îĒęôęĎ ¸æı×ÁĎÁĒÁîĒÙęÙİÁ½ ę ÙĒĒęôĎÁ½ɼuÙí-
Ùè Ďí äôĎÙęÙÁĒæÁÁċôĎ ĎÁċè îîÙîÓęô¸ĎÁ ęÁĝċ½ ęÁ½èÙĒęĒôÒ
23% 22%
19% 20% 20% 20%
16% 16%
14%
Figure 6: Data Breach Defenses Are Up 13% 15% 15%
13% 13% 14% 13%
12% 12%
11% 11% 11% 11% 11% 11%
10%10%
47% 7%
44% 43% 44%
39%
37%
33% 33%
Have response Track where all Keep updated Train all Apply advanced Use cybersecu- Employ a chief
plan in place data is stored list of sensitive employees in IT analytics to rity frameworks information
in case of data data types security risks predict cyber- (e.g., PCI, NIST) security officer
breach collected and practices intrusion risks
Currently do this Implementing 23%Planning Considering No activity Currently do this Implementing Planning Considering No activity
Currently do this 22%
Implementing Planning Considering No activity
19% 20% 20% 20%
16% are increasing
A slight majority of survey respondents 16%their data security
14% 13% 15% 15%
13% 13% maturity via implementation
14%of security frameworks, and nearly half have
13%or
12% 12% are hiring a CISO. A minority are using more sophisticated measures such as
11% 11% 11% 11% 11% 11%
10%10% applying analytics and AI to security.
7%
Percentages may not equal 100 due to rounding.
Currently dothis
this Implementing Planning Considering Noactivity
activity
ę×Áı ijĒô¸Ù èíÁ½Ù îÁęıôĎæĒí î ÓÁĝĒÁĎ½ ę ʊíĝĒęîôęÁ
Currently do Implementing Planning Considering No Currently do this Implementing Planning Considering No activity
Organizations are moving toward solid, baseline data security practices, ¸ĝĒęôíÁĎĒʖ ×ÁÙÓ×ęÁîÁ½ ¸ôî¸ÁĎîĒ ·ôĝę ½ ę ĝĒÁɼ ʓ×Áî
although many have yet to fully implement these measures.
Percentages may not equal 100 due to rounding.
10
CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
11
CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
ĎÁÙîÒôϸÁíÁîęôÒę×ÁÙĎÁIJÙĒęÙîÓċĎ ¸ęÙ¸ÁĒɷĒ ijĒ%ĎÙ¸QôîęÁÙĎôɷ
ĒÁîÙôĎİÙ¸ÁċĎÁĒÙ½ÁîęôÒ¸èÙÁîęĒôèĝęÙôîĒɼ{×Áľî î¸Ù èĒÁĎİÙ¸ÁĒ
¸ôíċ îij × Ē ¸×ÙÁÒ ċĎÙİ ¸ij ôÒľ¸ÁĎɷ ½ ę ·ĎÁ ¸× îôęÙľ¸ ęÙôî ·ÁîÁľęċ ęÙÁîęĒʊ î½ÁİÁî ĒĒôíÁÁîę×ĝĒÙ ĒęÙ¸ċ ęÙÁîęĒı îę
ċĎôęô¸ôèĒɷ î½ ċĎÙİ ¸ij Ùíċ ¸ę ĒĒÁĒĒíÁîę ʊ èè ÁèÁíÁîęĒ to share more of their data.
ĎÁčĝÙĎÁ½ ĝî½ÁĎ 7!nqɼ {×Á ¸ôíċ îij èĒô × Ē Áí· ĎæÁ½ ôî
ʓċè Ùî î½ĒÙíċèÁè îÓĝ ÓÁÙîÙęÙ ęÙİÁʔę× ęÙîę×Áċ ĒęijÁ Ď× Ē ×ijɽÁ¸ ĝĒÁɷ ĒĎôîÁÁIJċè ÙîĒɷÁİÁîÙÒċ ęÙÁîęĒęĎĝĒę×Á èę×
ĎÁİÙÁıÁ½ɛɖɖĒę î½ Ď½èÁęęÁĎĒ¸ĝĒęôíÁĎĒĎÁ¸ÁÙİÁıÙę× îÁijÁ ¸ ĎÁ ċĎôİÙ½ÁĎĒ íôĎÁ ę× î ĒôíÁ ôę×ÁĎ ·ĝĒÙîÁĒĒÁĒ ę× ę í æÁ
ęôı Ď½ ÙíċĎôİÙîÓ ę×ÁÙĎ ¸è ĎÙęij î½ íÙîÙíÙĺÙîÓ èÁÓ èÁĒÁɼ {×Á ×Á ½èÙîÁĒıÙę×½ ę ·ĎÁ ¸×ÁĒɷʓ=ę×Ùîæę× ęɷ ęę×ÙĒċôÙîęɷę× ęʖĒ
ċĎÙíÁĎÁ ĒôîÒôĎę×ÁĒÁ ¸ęÙİÙęÙÁĒʊí Ùîę ÙîÙîÓ¸ĝĒęôíÁϸôî- ċĎÙİÙèÁÓÁıÁĒęÙèè× İÁę×ÁôċċôĎęĝîÙęijęôèôĒÁɼʔ
ľ½Áî¸ÁʊċĎÁ½ ęÁ½ę×ÁîÁıĎĝèÁĒɼ
{× ęÙĒ ċĎĝ½Áîę ċċĎô ¸×ɼ× ęę×ÁîÁı7!nqĎÁčĝÙĎÁíÁîęĒ
ʓnÁôċèÁ ÓÙİÁ ĝĒ ę×ÁÙĎ ÓĎ î½æÙ½Ēʖ î½ ÓĎÁ ęʌÓĎ î½æÙ½Ēʖ íôîÁijɼ ĎÁÁÒÒÁ¸ęÙİÁèij½ôÙîÓÙĒċĝĒ×ÙîÓĎÁę ÙèÁĎĒ î½ôę×Áϸôíċ îÙÁĒ
uôę×ÁijĎÁ èèijîÁÁ½ęô·Á ·èÁęôęĎĝĒęĝĒɷʔQôîęÁÙĎôĒ ijĒɼʓ{ĎĝĒę ęô·ÁíôĎÁèÙæÁôĎÓ îÙĺ ęÙôîĒÙî×Á èę׸ ĎÁ î½ľî î¸Ù èĒÁĎ-
is one of those things that is very hard to build and very easy to İÙ¸ÁĒɷĒ ijĒ!Á î··ôęęɷ¸ôʌÒôĝî½ÁĎ î½¸×ÙÁÒ½ ę Ē¸ÙÁîęÙĒę ę
èôĒÁɷ ĒıÁ× İÁ èèĒÁÁîÙîĎÁ¸ÁîęÁİÁîęĒÙîę×ÁíÁ½Ù ɼʔ SmarterHQ.
QôîęÁÙĎô Ē ijĒ uĝî LÙÒÁ ÒôèèôıĒ ċôèÙ¸ij ôÒ ċĎôİÙ½ÙîÓ İ èĝÁ ÒôĎ ʓ7!nq ½ôÁĒ İÁĎij Óôô½ ę×ÙîÓĒ ÒôĎ ¸ôîĒĝíÁĎĒɷ ôÒ ¸ôĝĎĒÁɷ ·ĝę
ı× ęÁİÁĎ½ ę ¸èÙÁîęĒĒ× ĎÁɼ{×Á¸ôíċ îijʖĒ½ÙÓÙę è·ÁîÁľęĒ Ē- ę×ÁĎÁʖĒ èôęôÒ·ÁĒęċĎ ¸ęÙ¸ÁĒÙîę×ÁĎÁÓĝè ęÙôîĒɷʔ··ôęęĒ ijĒɷ
ĒÙĒę îęɷ ¸ èèÁ½ %èè ɷ ÙĒ î ÁIJ íċèÁɼ %èè ĝĒÁĒ ĒÁę ôÒ ċĎÁ½Ù¸ęÙİÁ îôęÙîÓ ę× ę ę×Á ½½ÙęÙôî è ęĎ îĒċ ĎÁî¸ij ĎÁċĎÁĒÁîęĒ ĒęĎôîÓ
models to “nudge” clients to take actions that are in their best ĒęÁċɼ=ęíÁ îĒę× ę½ ę Ē¸ÙÁîęÙĒęĒ× İÁęô·ÁĎÁ ½ijęôîôęôîèij
ÙîęÁĎÁĒęɷ Ēĝ¸× Ē í IJÙíÙĺÙîÓ ĎÁęÙĎÁíÁîę ¸ôîęĎÙ·ĝęÙôîĒ ʈÙÒ ľ- äĝĒęÙÒiję×ÁÙĎĝĒÁôÒ¸ĝĒęôíÁĎ½ ę Ùî èÓôĎÙę×íĒɷ·ĝę·ÁĎÁ ½ij
î î¸Ù è½ ę Ē×ôıĒę×Á¸èÙÁîęÙĒîôęʉ î½ĝĒÙîÓ î¸Ùèè Ďij×Á èę× ęô ¸ôííĝîÙ¸ ęÁ ×ôı î½ ı×ij ę×Áij ĎÁ ½ôÙîÓ Ùęɼ {×Á ÙíċôĎ-
¸ ĎÁĒÁĎİÙ¸ÁĒʈèÙæÁ ¸×ÙĎôċĎ ¸ęôĎôĎıÁèèîÁĒĒċĎôÓĎ íʉę× ę¸ î ę î¸ÁôÒę× ęęĎ îĒċ ĎÁî¸ij î½½ ę ĒęÁı Ď½Ē×ÙċôîèijÓĎôıĒ Ē
ÙíċĎôİÁ ę×Á ċÁĎĒôîʖĒ čĝ èÙęij ôÒ èÙÒÁ · ĒÁ½ ôîɷ ÒôĎ ÁIJ íċèÁɷ ę×Á ôĎÓ îÙĺ ęÙôîĒʖĝĒÁôÒ î èijęÙ¸ĒÁİôèİÁĒęô=·ij ĝęôí ęÙîÓę×Á
ĒęĎÁĒĒÙî×ÁĎÁîęÙîę×ÁċÁĎĒôîʖĒäô·ɼ{×ÁľĎíʖĒĒ ęÙĒÒ ¸ęÙôîĒ¸ôĎÁĒ models and adding learning elements.
Ùî¸ĎÁ ĒÁĒÙÓîÙľ¸ îęèijʊɘɝċôÙîęĒÙî RÁęnĎôíôęÁĎu¸ôĎÁĒ¸ èÁ
ʊı×Áî%èè ÁîÓ ÓÁĒċĎô ¸ęÙİÁèijıÙę×ę×ÁĒÁ¸èÙÁîęĒɷ×ÁĒ ijĒɼ î½ ę× ę íÁ îĒ î èijęÙ¸Ē ċĎôÒÁĒĒÙôî èĒ îÁÁ½ ęô íôîÙęôĎ ę×Á
ÁİôèİÙîÓĒô¸Ù è¸ôîęĎ ¸ęÒôĎĝĒÙîÓ½ ę ęô¸ĝĒęôíÁĎĒʖ·ÁîÁľęɼ
;Á èę׸ ĎÁÙĒ îÙî½ĝĒęĎijÙîı×Ù¸×èÁ ½ÁĎĒ× İÁÁIJċÁĎÙÁî¸ÁÙî
Óĝ Ď½ÙîÓ¸ĝĒęôíÁĎ½ ę ɼ!Ďɼ{Ùíôę×ijĎôîÁɷíÁ½Ù¸ è½ÙĎÁ¸ęôĎɷ ʓÁİÙÁıôĝĎĒÁèİÁĒ Ē ¸ĝĒęôíÁĎʌľĎĒę¸ôíċ îijɷ î½ıÁ ĎÁ
·ĝĒÙîÁĒĒÙîęÁèèÙÓÁî¸Á î½ÁîęÁĎċĎÙĒÁ î èijęÙ¸Ēɷ ęę×ÁèÁİÁè î½ îôę×ÙîÓıÙę×ôĝęôĝϸĝĒęôíÁĎĒʖĒĝ¸¸ÁĒĒʊ î½ę×Áîę×ÁÙĎęĎĝĒęɷ
èÙîÙ¸ɷ Ē ijĒ ę×Á ôĎÓ îÙĺ ęÙôî ę æÁĒ ¸ ĝęÙôĝĒ ċċĎô ¸× ıÙę× ĝèęÙí ęÁèijɷʔĒ ijĒ ęÁĎċÙèè ĎʖĒ ıęÁĎɼʓî½ÙÒıÁʖĎÁîôę¸ĎÁ ęÙîÓ
ÙęĒ½ ę í î ÓÁíÁîęɷÁİÁî ĒôċċôĎęĝîÙęÙÁĒęôĒ× ĎÁ½ ę ıÙę× İ èĝÁÒĎôíę×Á½ ę ę× ęıÁʖĎÁ¸ôèèÁ¸ęÙîÓÒĎôíę×Áíɷę×ÁîıÁ
ôĝęĒÙ½Áċ ĎęÙÁĒċĎôíÙĒÁęôijÙÁè½îÁı×Á èę×ÙîĒÙÓ×ęĒę× ę¸ôĝè½ shouldn’t be using it at all.” O
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CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
I N D U ST RY S N A P S H OT
! ę u6ɷę×Á î èijęÙ¸ĒÓĎôĝċÒôĎę×Á¸Ùęij ôĝîęijôÒu î6Ď î¸ÙĒ¸ôɷÙĒęÁ ¸×ÙîÓċÁôċèÁ
ę×ĎôĝÓ×ôĝęę×ÁÓôİÁĎîíÁîęęôľî½ôċċôĎęĝîÙęÙÁĒÒôĎ ½İ î¸Á½ î èijęÙ¸Ēɼ=ęʖĒ½ôÙîÓę× ę
·ijęÁ ¸×ÙîÓèô¸ èôÒľ¸Ù èĒ×ôıęôÒĎ íÁčĝÁĒęÙôîĒę× ęę ċ½ ę î½ę×Á îĒıÁĎĒę× ę¸ î
ÙíċĎôİÁċĝ·èÙ¸ĒÁĎİÙ¸ÁĒɼ
{× ę ċċĎô ¸×× ĒèÁ½ęôċĎôäÁ¸ęĒĒĝ¸× ĒıôĎæıÙę×ę×Á!Áċ ĎęíÁîęôÒnĝ·èÙ¸;Á èę×ęô
ĝî½ÁĎĒę î½ı× ęÙĒ½ĎÙİÙîÓę×Á¸ôĒęôÒÙęĒíÁîę è×Á èę×ċĎôÓĎ íĒɼ! ę u6 èĒô×ÁèċÁ½ę×Á
¸Ùęij ½íÙîÙĒęĎ ęôĎʖĒôÒľ¸Áľî½ôċċôĎęĝîÙęÙÁĒÒôĎĿÁÁęİÁ×Ù¸èÁĒ× ĎÙîÓęôÙíċĎôİÁĝĒÁôÒ
İÁ×Ù¸èÁĒɷèÁ ½ÙîÓęô·ôę×èôıÁϸôĒęĒÒôĎę×Á¸Ùęij î½ÓĎÁÁîÁĎí î ÓÁíÁîęôÒę×ÁĿÁÁęɼ
Joy Bonaguro,
former chief data officer,
city and county of ʓ=ęʖĒ ·ôĝę½ÁİÁèôċÙîÓę×ÁôĎÓ îÙĺ ęÙôî èíĝĒ¸èÁ ¸ĎôĒĒ èèę×ôĒÁ½ÙÒÒÁĎÁîęĒÁĎİÙ¸ÁèÙîÁĒęô
San Francisco ĒæčĝÁĒęÙôîĒę× ę ĎÁ íÁî ·èÁęô½ ę Ē¸ÙÁî¸ÁɷʔÁIJċè ÙîĒHôijôî ÓĝĎôɷı×ôı Ē¸×ÙÁÒ½ ę
ôÒľ¸ÁĎÒôĎę×Á¸Ùęij ôĝîęijôÒu î6Ď î¸ÙĒ¸ô ęę×ÁęÙíÁĒ×Áı ĒÙîęÁĎİÙÁıÁ½ÒôĎę×ÙĒ
ĎÁċôĎęɼ{×Áô·äÁ¸ęÙİÁÙĒęô×Áèċ¸èÙÁîęĒıÙę×ÙîÓôİÁĎîíÁîęĒċôęôċċôĎęĝîÙęÙÁĒęôĝĒÁ= î½
½ ę Ē¸ÙÁî¸ÁıÙę×Ùîę×ÁÙĎôıîİÁĎęÙ¸ èĒɼ
“
If we train our departments to spot data
GOVERNMENT
ôî ÓĝĎô¸ĎÁ½ÙęĒę×ÁıôĎæôÒôę×ÁĎĒÙîę×Áċĝ·èÙ¸ĒÁ¸ęôĎɷÙî¸èĝ½ÙîÓRÁıWĎèÁ îĒʖRWL-
èijęÙ¸Ēɷı×ٸ׽ÁİÁèôċÁ½ î î èijęÙ¸ĒęôċôèôÓiję× ęĒċÁ æĒęô¸ôííôî·ĝĒÙîÁĒĒċĎô·èÁíĒɼ
! ę u6× ĒċôĒęÁ½ îôîèÙîÁÙîÒôĎí ęÙôîĒ×ÁÁęę× ę¸ ęÁÓôĎÙĺÁĒę×ÁæÙî½ĒôÒċĎô·èÁíĒ½ ę
Ē¸ÙÁî¸Á¸ îĒôèİÁɷĒĝ¸× Ēľî½ÙîÓę×ÁîÁÁ½èÁÙî × ijĒę ¸æʈľÓĝĎÙîÓôĝęı×ÁĎÁęô½ÙĎÁ¸ę
èÙíÙęÁ½ĎÁĒôĝϸÁĒʉɷċĎÙôĎÙęÙĺÙîÓ · ¸æèôÓɷĿ ÓÓÙîÓÙíċôĎę îęÙęÁíĒÁ ĎèijÒôĎ ¸ęÙôîɷʂ
ęÁĒęÙîÓʈęôľî½ôĝęı×ٸ׸ôííĝîÙ¸ ęÙôîĒęijèÁıôĎæĒ·ÁĒęʉɷ î½ôċęÙíÙĺÙîÓĎÁĒôĝϸÁĒɼ
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CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
I N D U ST RY S N A P S H OT
nĝęęÙîÓ î èijęÙ¸ĒÁIJċÁĎęĒĒ×ôĝè½ÁĎęôĒ×ôĝè½ÁĎıÙę×·ĝĒÙîÁĒĒ½ôí ÙîÁIJċÁĎęĒ½ôÁĒîʖęäĝĒę
·ĝÙè½ ĒęĎôîÓÁϸĝèęĝĎÁɼę ϸè ijĒuɷÙę× Ē·ĝÙèę·ÁęęÁĎ î èijęÙ¸Ēɼ
{×ÁċĎÙí ĎijÒô¸ĝĒôÒ î èijęÙ¸Ē ęę×Á· îæ ĎÁ½Ùę¸ Ď½ÙĒĒĝÁĎÙĒę×Á¸ĝĒęôíÁĎäôĝĎîÁij
ʊÓÁęęÙîÓęôę×ÁĎÙÓ×ę¸ĝĒęôíÁĎ ęę×ÁĎÙÓ×ęęÙíÁıÙę×ę×ÁĎÙÓ×ęæÙî½ôÒôÒÒÁĎɷ ¸¸ôĎ½ÙîÓęô
ÙĒ× èQôĎ½ÁɷİÙ¸ÁċĎÁĒÙ½ÁîęôÒ½ ę Ē¸ÙÁî¸Á î½ ½İ î¸Á½ î èijęÙ¸Ēɼʓ=Òijôĝ¸ î ¸ęĝ èèij
¸×ÙÁİÁę× ęɷÙęıÙèèí æÁijôĝĎ·ĝĒÙîÁĒĒíôĎÁċĎôľę ·èÁɼî½ijôĝϸĝĒęôíÁĎĒıÙèè·Á× ċċij
·Á¸ ĝĒÁę×ÁijʖĎÁÓÁęęÙîÓı× ęę×ÁijʖĎÁĎÁ èèijèôôæÙîÓÒôĎɼʔ
Vishal Morde,
vice president of data æÁij¸ôíċôîÁîęôÒę×Á¸ôíċ îijʖĒ î èijęÙ¸Ē ċċĎô ¸×ÙĒęôę ċ·ĝĒÙîÁĒĒ½ôí ÙîÁIJċÁĎęÙĒÁ
science and advanced ę×ĎôĝÓ×ôĝę ċĎôäÁ¸ęɷQôĎ½ÁĒ ijĒɼ
analytics, Barclays US
ϸè ijĒu× ĒÙîęÁÓĎ ęÁ½·ĝĒÙîÁĒĒċÁôċèÁÙîęôę×Á î èijęÙ¸ĒċĎô¸ÁĒĒ·ij¸ĎÁ ęÙîÓ ½ ę Ē¸Ù-
Áî¸Áè · î½ĒÁęęÙîÓĝċ ¸ĎôĒĒʌÒĝî¸ęÙôî èęÁ íę× ęÙî¸èĝ½ÁĒ·ĝĒÙîÁĒĒôıîÁĎĒɼʓ{×ÁijıÁĎÁ
ċ ĎęôÒę×Á¸ĎÁ ęÙôîôÒę×ÙĒ½ ę Ē¸ÙÁî¸Áè ·ɷʔQôĎ½ÁÁIJċè ÙîĒɼʓÁ¸ ĝĒÁę×ÁijʖĎÁÒ ÙĎèijÙîęÁ-
ÓĎ ęÁ½ĝċÒĎôîęɷıÁ¸ôĝè½ ¸ęĝ èèijîôıĒÁęĝċę×ÙĒı×ôèÁÁîİÙĎôîíÁîęɷĒÁęĝċċĎôäÁ¸ęĒı×Ù¸×
ıôĝè½ ¸ęĝ èèij½ÁèÙİÁĎİ èĝÁ î½×Áèċę×ÁíęôĒôèİÁę×Á·ĝĒÙîÁĒĒċĎô·èÁíɼʔ
“
You’re actually incorporating years and years of
expert knowledge that people gathered about consumer
”
behavior and consumer needs and wants.
SERVICES
FINANCIAL
6ôĎÁIJ íċèÁɷ ċĎôäÁ¸ęęô¸ĎÁ ęÁ ·ÁęęÁĎċĎÁ½Ù¸ęÙİÁíô½ÁèÒôĎ½ÁęÁĎíÙîÙîÓı×ôıÙèèĎÁĒċôî½
ęô ¸ÁĎę ÙîæÙî½ôÒôÒÒÁĎÙî¸èĝ½Á½·ôę×½ ę Ē¸ÙÁîęÙĒęĒ î½ ¸čĝÙĒÙęÙôîí ĎæÁęÙîÓĒę ÒÒɼʓ{×Á
½ ę Ē¸ÙÁîęÙĒęıôĝè½Ē ijɷʕ;Áijɷ=ʖíèôôæÙîÓ ęę×ÙĒ½ ę ɷ î½ę×ÁĎÁʖĒĒôíÁĒÁ Ēôî èÙęijęôÙęɼʖ
î½ ·ĝĒÙîÁĒĒċÁĎĒôîıÙèèĒ ijɷʕÁ ×ɷę× ęí æÁĒĒÁîĒÁɼ=ę× Ēęô·Áę×Á×ôèÙ½ ijĒÁ Ēôîɼ
{× ęʖĒı×ÁĎÁċÁôċèÁĒę ĎęĎÁĒċôî½ÙîÓɼʖʔ
Á¸ ĝĒÁÙîęÁĎ ¸ęÙôîĒèÙæÁę×ÙĒıÁĎÁ× ċċÁîÙîÓÁ ĎèÙÁĎÙîę×ÁċĎô¸ÁĒĒɷ·ÁÒôĎÁ½ ę Ē¸ÙÁîęÙĒęĒ
¸ęĝ èèijċĎô½ĝ¸Á½ íô½Áèɷę×ÁęÁ íĒıÁĎÁ ·èÁęôċĎô½ĝ¸Á·ÁęęÁĎíô½ÁèĒíôĎÁčĝÙ¸æèijɷ
QôĎ½ÁĒ ijĒɼiję ċċÙîÓę×Á¸ôîĒĝíÁĎÙîĒÙÓ×ę î½ĒôíÁôÒę×Á îÁ¸½ôę è×ijċôę×ÁĒÁĒę× ę
·ĝĒÙîÁĒĒÁIJċÁĎęĒ× İÁɷ î½ęÁĒęÙîÓę×ÁíôĝęıÙę× ½İ î¸Á½½ ę Ē¸ÙÁî¸ÁíÁę×ô½Ēɷ ϸè ijĒ
uı Ē ·èÁęôÙíċĎôİÁċĎÁ½Ù¸ęÙôîċôıÁĎĒÙÓîÙľ¸ îęèijʊÙîĒôíÁ¸ ĒÁĒ·ijɛɖʾɷ×Á ½½Ēɼ
ÙîĒèÙæÁę× ę½ôîʖę¸ôíÁÒĎôíäĝĒę½ ę ɷíÁę×ô½ĒɷôĎ î èijęÙ¸ĒęôôèĒɷQôĎ½ÁĒ ijĒɶʓ=ęı Ē
ę× ęıÁıÁĎÁ ·èÁęôęĎ îĒÒÁĎĒôíÁôÒę×Á½ôí ÙîæîôıèÁ½ÓÁÒĎôíę×Áí ĎæÁęÙîÓÒôèæĒÙîęô
ôĝĎíô½ÁèĒɼôĝʖĎÁ ¸ęĝ èèijÙî¸ôĎċôĎ ęÙîÓijÁ ĎĒ î½ijÁ ĎĒôÒÁIJċÁĎęæîôıèÁ½ÓÁę× ęċÁôċèÁ
Ó ę×ÁĎÁ½ ·ôĝę¸ôîĒĝíÁĎ·Á× İÙôĎ î½¸ôîĒĝíÁĎîÁÁ½Ē î½ı îęĒɼʔ
14
CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
Building Trust in 1. WîÁ ÙĒ × İÙîÓ ¸èÁ Ď èÁ ½ÁĎ ÒôĎ ę×Á ¸ôíċ îijʖĒ î èijęÙ¸Ē
ÁÒÒôĎęɶəəʾôÒę×ôĒÁı×ôĎÁċôĎęę× ęę×ÁÙĎôĎÓ îÙĺ ęÙôî× Ē ¸×ÙÁÒ
G
ame-changing insights can result from investments in
½ ę ÙîÒĎ ĒęĎĝ¸ęĝĎÁɷę èÁîęɷ î½ęÁ¸×îôèôÓijɼĝęĒÙíċèij
2. {×Á ĒĝĎİÁij èĒô Òôĝî½ ę× ę Ùî í îij ôĎÓ îÙĺ ęÙôîĒɷ èÁ ½ÁĎĒ
ÓÁîÁĎ ęÙîÓ î èijęÙ¸ èľî½ÙîÓĒÙĒîôęę×ÁĝèęÙí ęÁÓô è
ĎÁċè ijÙîÓ îÙíċôĎę îęĎôèÁÙîĝĒÙîÓ î½¸× íċÙôîÙîÓ î èiję-
ôÒę×Á î èijęÙ¸ĒèÁ ½ÁĎĒıÁÙîęÁĎİÙÁıÁ½ÒôĎę×ÙĒijÁ ĎʖĒ! ę ˂î-
Ù¸Ēɼ;ôıÁİÁĎɷèÁ ½ÁĎĒʖ ¸ęÙôîĒí ij·ÁĒèÙÓ×ęèijèôĝ½ÁĎę× îę×ÁÙĎ
èijęÙ¸ĒĎÁċôĎęɼèèę×ôĒÁÙîİÁĒęíÁîęĒęĎĝèijċ ijôÒÒı×ÁîċÁôċèÁ
ıôĎ½Ēɶ{×Áij ċċÁ Ďęô·ÁíôĎÁèÙæÁèijęôĒÁÁæôĝę½ ę î½ĝĒÁÙę
ę×ĎôĝÓ×ôĝę îôĎÓ îÙĺ ęÙôî ¸¸Áċęę×ôĒÁÙîĒÙÓ×ęĒ î½ċĝęę×Áí
Ùî½Á¸ÙĒÙôîʌí æÙîÓę× îęô¸× íċÙôî î èijęÙ¸ĒôϸĎÁ½ÙęÙęıÙę×
ęôıôĎæęôí æÁ½Á¸ÙĒÙôîĒɷĎÁ½ÁĒÙÓî·ĝĒÙîÁĒĒċĎô¸ÁĒĒÁĒɷ î½ĎÁ-
½ÁèÙİÁĎÙîÓ·ĝĒÙîÁĒĒĎÁĒĝèęĒʈĒÁÁ6ÙÓĝĎÁɗɖʉɼLÁ ½ÁĎĒ×ÙċĒĝċċôĎęÙĒ
ę×ÙîæĒęĎ ęÁÓijɼuôɷı× ę ĎÁĒôíÁę ¸ęÙ¸ĒĝĒÁ½ęô¸ĎÁ ęÁ ¸ĝèęĝĎÁ
èĒôĒôÒęÁĎı×ÁîÙę¸ôíÁĒęôċĎÙôĎÙęÙĺÙîÓÙîİÁĒęíÁîęÙî î èijęÙ¸Ēɼ
Ùîı×Ù¸×ċÁôċèÁ ĒæčĝÁĒęÙôîĒɷĒÁÁæ½ ę î½ î èijęÙ¸Ēę× ę¸ î
×Áèċ îĒıÁĎę×ôĒÁčĝÁĒęÙôîĒɷ î½ę×Áî ċċèiję×ÁĎÁĒĝèęĒɽ Figure 10: Leaders Set the Tone for Analytics Adoption
How often do leaders:
ϸè ijĒu ċċôÙîęÁ½ î î èijęÙ¸ĒèÁ ½ÁĎÒôĎÁ ¸×·ĝĒÙîÁĒĒĝîÙę Prioritize 11%
Leaders at
Prioritize
investments inin the majority
î½ÙîĒę èèÁ½¸ĎôĒĒʌÒĝî¸ęÙôî èęÁ íĒí ½ÁĝċôÒ î èijęÙ¸Ē î½ investments
analytics tools
analytics tools
25%
of companies
33%
·ĝĒÙîÁĒĒÁIJċÁĎęĒÙî ½ ę Ē¸ÙÁî¸Áè ·ɼ ęÁĎċÙèè ĎĎĝîĒ î îîĝ è often champion
21%
the value of
9%
ʓî èijęÙ¸ĒRôıʔ¸ôîÒÁĎÁî¸ÁÒôĎĒę æÁ×ôè½ÁĎĒ ¸ĎôĒĒę×Á¸ôíċ - data and
Credit positive 13% actively seek
îijęôèÁ Ďî ·ôĝę¸ ċ ·ÙèÙęÙÁĒ î½Ē×ôı¸ ĒÁĒĝ¸¸ÁĒĒÒĝèċĎôäÁ¸ęĒɷ business outcomes
Credit positive 29% to apply it
to analytics
business in
outcomes
ı×ÙèÁĒÁÁæÙîÓÙîċĝę ôèè ·ôĎ ęÙôîÒĎôí î ½İÙĒôĎij¸ôĝî¸Ùè internal messages
to analytics in 30% when making
or presentations
internal messages 20% decisions.
ôÒ ÁîÓÙîÁÁĎĒɷ ę èÁîę í î ÓÁĎĒɷ î½ ôę×ÁĎ ½ôí Ùî ÁIJċÁĎęĒɼ {×Á or presentations
8% Percentages may
not equal 100 due
èÁİÁè î½èÙîÙ¸× ĒĒÁęĝċÙęĒôıî¸ôĝî¸ÙèɷıÙę× îôċÁî½ôôĎęô Champion the 19% to rounding.
value and use
Champion of
the value
32%
ċ ĎęÙ¸Ùċ ęÁ î½ċĎôİÙ½ÁÒÁÁ½· ¸æôîÙęĒ î èijęÙ¸ĒċĎôÓĎ íɼ analytics
and use of analytics
30%
15%
4%
WĝĎ ĒĝĎİÁij ÙîİÁĒęÙÓ ęÁ½ Ď îÓÁ ôÒ ċĎ ¸ęÙ¸ÁĒ ĒĒô¸Ù ęÁ½ ıÙę×
Incorporate data 17%
·ĝÙè½ÙîÓ ¸ĝèęĝĎÁôÒ î èijęÙ¸ĒɷĒĝ¸× Ē ¸ęÙôîĒ î½íÁĒĒ ÓÙîÓ and analytics in
Incorporate data 36%
decision-making
and analytics in
33%
ÒĎôíèÁ ½ÁĎĒ×ÙċɷıôĎæÒôϸÁ½ ę èÙęÁĎ ¸ijÁÒÒôĎęĒɷ î½ôĎÓ îÙĺ -
decision-making
11%
ęÙôî è¸×ôÙ¸ÁĒɼWîę×Áı×ôèÁɷę×ôĒÁı×ôĎÁċôĎęę×ÁíôĒę ¸ęÙİÙęij 3%
on these fronts are also more likely to exhibit the most trust Seek data
andSeek
analytics
19%
data and 40%
to support
Ùî½ ę î½ î èijęÙ¸Ē î½·Áôîę×ÁıÙîîÙîÓĒÙ½ÁôÒę×ÁʓĝęÙèÙęij analytics support
decisions
decisions 29%
9%
Ó ċɷʔíÁ îÙîÓę×Áijîôęôîèij× İÁ ¸¸ÁĒĒęô½ ę ·ĝę× İÁę×Á 3%
right data to inform their business decisions. Understand 16%
insights
Understand
presented
40%
insights presented
by analytics
by analytics 32%
{ıô ôĎÓ îÙĺ ęÙôî è Ò ¸ęôĎĒ ÁíÁĎÓÁ½ ę× ę í ij × İÁ ·Á ĎÙîÓ specialists
specialists 9%
3%
ôî½ĎÙİÙîÓ î èijęÙ¸Ēí ęĝĎÙęijɶ
Always Often Sometimes Rarely Never
Always Often Sometimes Rarely Never
15
CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
“Encouraging a data-driven culture ʓ{×Á ¸ôĝîĒÁèôĎĒ Ē ij ęô ę×Áíɷ ʕuôɷ ı× ę ½Ù½ ijôĝ ×ijċôę×ÁĒÙĺÁ
·ôĝęı× ęijôĝʖ½ĒÁèèè ĒęıÁÁæɽʖ{×Áijæîôıę×Á îĒıÁĎęôę×Á
means encouraging people to use the
čĝÁĒęÙôî·Á¸ ĝĒÁÙęʖĒı× ęę×ÁijôĎ½ÁĎÁ½ɷʔqôĒĒĒ ijĒɼʓ{×Áîę×Áij
data the business is collecting instead
Ē ijɷʕ;ôı½Ù½ijôĝ½ôɽ;ôı½Ù½ijôĝĎ×ijċôę×ÁĒÁĒęĝĎîôĝęɽʖÁèèɷ
of siloing it away in the IT department.” ę×Áij× İÁę×Á îĒıÁĎęôę× ęčĝÁĒęÙôîĒÙęęÙîÓÙîÒĎôîęôÒę×Áíɷ
KIRK BORNE, BOOZ ALLEN HAMILTON
too. They have the data.” Then the counselors and sales staff
½ÙĒ¸ĝĒĒĒęĎ ęÁÓÙÁĒÒôĎÙíċĎôİÙîÓĒ èÁĒɼ
Driving Data Literacy Through the Workforce Fostering Collaboration Drives Culture Change
WîÁ ĎÁ ı×ÁĎÁèÁ ½ÁĎĒ×ÙċíÙÓ×ę½ôíôĎÁÙĒ î èijęÙ¸ĒĒæÙèèĒÙî =ęʖĒı×Áîę×Á î èijęÙ¸ĒÁIJċÁĎęíÁÁęĒę×Á·ĝĒÙîÁĒĒ½ôí Ùî î½
ę×ÁıôĎæÒôϸÁɶ{×ÙĒı Ē¸ÙęÁ½ Ē ęôċ¸× èèÁîÓÁęôÙîîôİ ęÙîÓ true collaboration ensues that the culture really begins to
·ijəɟʾôÒĎÁĒċôî½ÁîęĒɷĒÁ¸ôî½ôîèijęô¸ôíċÁęÙęÙôîÒĎôíôę×ÁĎ ęĎ îĒÒôĎíɷ ¸¸ôĎ½ÙîÓęôİÙĎęĝ èèij èèę×ÁċĎ ¸ęÙęÙôîÁĎĒıÁÙîęÁĎ-
ċĎÙôĎÙęÙÁĒɼÁÒôĝî½ę× ęı×ÙèÁ Ď îÓÁôÒÁÒÒôĎęĒęô·ĝÙè½½ ę İÙÁıÁ½ ÒôĎ ę×ÙĒ ĎÁċôĎęɼ =îęÁĎÁĒęÙîÓèijɷ ôĝĎ ĒĝĎİÁij ĎÁĒċôî½ÁîęĒ
èÙęÁĎ ¸ijÙîę×ÁıôĎæÒôϸÁÙĒ ęèÁ ĒęÙîę×Áċè îîÙîÓĒę ÓÁĒ ę
í äôĎÙęijôÒĎÁĒċôî½ÙîÓôĎÓ îÙĺ ęÙôîĒɷÒÁıÁĎę× îôîÁÙîľİÁ ĎÁ Figure 11: Educate to Innovate
¸ęÙİÁèij ÁîÓ ÓÁ½ Ùî ę× ę ¸ęÙİÙęij ʈĒÁÁ 6ÙÓĝĎÁ ɗɗʉɼ uèÙÓ×ęèij íôĎÁ
Line-of-business 17%
ĎÁ×ÁèċÙîÓ î èijęÙ¸ĒÁIJċÁĎęĒ·ĝÙè½·ĝĒÙîÁĒĒ½ôí ÙîÁIJċÁĎęÙĒÁɼ Line-of-business
experts receive
experts
training or receive
immersion 18%
training or
in analytics
immersion in
19%
%î¸ôĝĎ ÓÙîÓ ½ ę ʌ½ĎÙİÁî¸ĝèęĝĎÁíÁ îĒÁî¸ôĝĎ ÓÙîÓċÁôċèÁ analytics 18%
30%
to use the data the business is collecting instead of siloing
Ùę ı ij Ùî ę×Á ={ ½Áċ ĎęíÁîęɷ Ē ijĒ JÙĎæ ôĎîÁɷ ċĎÙî¸Ùċ è ½ ę Analytics specialists 21%
receive training
Analytics
or immersion in 19%
scientist and executive advisor at consultancy Booz Allen Ham- specialists receive
operational areas 15%
training or
Ùèęôîɼʓ{×ÙĒ¸ĝèęĝĎÁôÒÁIJċÁĎÙíÁîę ęÙôîĒĝċċôĎęĒ îÙîîôİ ęÙôî immersion in 16%
operational areas
29%
¸ĝèęĝĎÁ Ùî ·ĝĒÙîÁĒĒɼ =ęʖĒ ı×ÁĎÁ ċÁôċèÁ × İÁ ę×Á ÒĎÁÁ½ôí ęô
Training programs 17%
Ēæɷʕ7ÙİÁîôĝĎ½ ę ɷ×ôı¸ îıÁ½ô·ÁęęÁĎɽʖʔ×ÁĒ ijĒɼ are widely
Trainingavailable
programs
to develop data and 18%
are widely available
analytical skills
to develop data and 17%
analytical skills
WîÁÁIJ íċèÁôÒ·ĎÙîÓÙîÓ½ ę èÙęÁĎ ¸ijęôę×ÁÒĎôîęèÙîÁĒôÒ·ĝĒÙ- 19%
30%
îÁĒĒ¸ôíÁĒÒĎôíHÁ îîÁqôĒĒɷ ċĎÙî¸Ùċ èĎÁĒÁ ϸ×Ē¸ÙÁîęÙĒę ę
Workforce data 16%
ę×ÁQ={ÁîęÁĎÒôĎ=îÒôĎí ęÙôîuijĒęÁíĒqÁĒÁ ϸ×ɼ literacy is regularly
Workforce data
assessed 14%
literacy is regularly
assessed 17%
{×Á ¸ÁîęÁĎ Ēęĝ½ÙÁ½ ę×Á ɝʌ%èÁİÁî ¸ôîİÁîÙÁî¸Á ĒęôĎÁ ¸× Ùî Ùî 19%
35%
H ċ îɷı×Ù¸×ÁíċèôijÁ½¸ôĝîĒÁèôĎĒęô×ÁèċɘɖɖɷɖɖɖĒ èÁĒċÁô-
Internal messaging 22%
ċèÁ ÙîęÁĎċĎÁę î½ èÁ Ďî ÒĎôí ę×Á ½ ę ę×Á ¸ôíċ îij ¸ôèèÁ¸ęÁ½ promotes data
Internal messaging
literacy as a 20%
·ôĝę½ ÙèijĒ èÁĒɼu èÁĒĒę ÒÒæîôı æÁijĒĝ¸¸ÁĒĒÒ ¸ęôĎÙĒę×ÁÙĎ promotes data
valued skill
literacy as a valued 15%
Ē×ôċʖĒ ·ÙèÙęijęô× İÁĎ ċÙ½ÙîİÁîęôĎijęĝĎîôİÁĎɷĒôę×ÁijíôîÙęôĎ
skill 17%
25%
sales of different items in their assigned section of the store.
ôĝîĒÁèôĎĒİÙĒÙęÁ½ę×ÁĒęôĎÁĒęôęÁ ¸×ę×ÁĒ èÁĒċÁôċèÁ×ôıęô Currently do this Implementing Planning
Currently do this Implementing Planning Considering No activity
ę×Ùîæ î èijęÙ¸ èèijɷĝĒÙîÓ½ ę ·ôĝęĒ èÁĒôÒ½ÙÒÒÁĎÁîęÙęÁíĒÙî Considering No activity
ĎÁ¸Áîę½ ijĒ¸ôíċ ĎÁ½ęôę×ÁijÁ ĎÁ ĎèÙÁĎ î½¸ôíċ ĎÁ½ęô½ ijĒ
Many organizations have an opportunity to do more to tackle the analytics skills
ıÙę×ĒÙíÙè ĎıÁ ę×ÁĎċ ęęÁĎîĒɼ shortage. The good news is that a majority are taking action to build a data-driven
workforce, with programs either running or in the planning or implementation stages.
Percentages may not equal 100 due to rounding.
16
CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
·ij ĒèÙÓ×ęí ĎÓÙîċôÙîęęôÙî½ÙİÙ½ĝ èĒ î½ęÁ íĒÙîôċÁĎ ęÙîÓ ęôę×ÁĎęÙíÁĒɷ×ÙĒęÁ íí ijîôęÙ¸Á îÙíċôĎę îęÙîĒÙÓ×ęÙîę×Á
ĝîÙęĒ Ē ·ÁÙîÓ íôĒę èÙæÁèij ęô ½ĎÙİÁ Ùîîôİ ęÙôî ıÙę× ÁíÁĎÓÙîÓ ½ ę î½ĒÁÁæęôÓ ÙîÁIJÁ¸ĝęÙİÁĒʖ ęęÁîęÙôî î½ĒĝċċôĎęɼ
ęÁ¸×îôèôÓÙÁĒɷ ×Á ½ôÒęôċèÁ ½ÁĎĒ×Ùċ î½ÁİÁî={ʈĒÁÁ6ÙÓĝĎÁ
ɗɘʉɼ{× ęĝî½ÁĎĒ¸ôĎÁĒı×ij·ĝÙè½ÙîÓęÙÁĒıÙę×ę×Á·ĝĒÙîÁĒĒí ij J î½ij è Ē ijĒ Ó ÙîÙîÓ ÙîĿĝÁî¸Á ÒôĎ î èijęÙ¸Ē ÙîĒÙÓ×ęĒ ÓÁî-
·Á ıÙîîÙîÓĒęĎ ęÁÓijÒôĎ î èijęÙ¸ĒèÁ ½ÁĎĒɼ ÁĎ ęÁ½ ·ij ×ÙĒ ęÁ í ¸ î ·Á ¸× èèÁîÓÙîÓɶ ʓôĝ í ij × İÁ İÁĎij
¸ôôèÙ½Á ɷ·ĝęÙÒÙęʖĒîôęęijÙîÓ· ¸æęôæÁijĒę æÁ×ôè½ÁĎĒʖÓô èĒôĎ
Establishing and maintaining a culture that embraces analytics ĒęĎ ęÁÓijɷę×Áîę×ÁĎÁʖĒÓôÙîÓęô·ÁİÁĎijèÙęęèÁ ęęÁîęÙôîċ Ù½ęô
Ēę ĎęĒ ıÙę× Ù½ÁîęÙÒijÙîÓ ôċċôĎęĝîÙęÙÁĒ î½ ĝĒÁ ¸ ĒÁĒ ę× ę ıÙèè Ùęɼʔ;ÁĒÁÁæĒęôÙ½ÁîęÙÒijċĎôäÁ¸ęĒę× ę¸ î×Áèċ½ĎÙİÁÙíċôĎę îę
make a difference. Óô èĒÒôĎę×Á¸ôíċ îijɼʓ{× ę¸ îÓô èôîÓı ijęô¸ĎÁ ęÁę×ôĒÁ
ôċċôĎęĝîÙęÙÁĒ î½ċĎôäÁ¸ęĒı×Ù¸×ıÙèè·Á· ĒÁ½ôî î èijęÙ¸Ē Ē
Figure 12: Innovation Is Often a Grassroots Effort the backbone and that are tied to a business outcome.”
17
CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
{×ÁĎÁÙĒ ¸× èèÁîÓÁ ĒĒô¸Ù ęÁ½ıÙę×ę×Áè ¸æôÒ ¸ÁîęĎ èÙĺÁ½ ęÙíÁɷ ę×ĎôĝÓ× ę×ÁĒÁ Á½ĝ¸ ęÙôî è ÁÒÒôĎęĒ î½ ·ij × İÙîÓ ½ ę
î èijęÙ¸ĒÒĝî¸ęÙôîɷQôîęÁÙĎô ½½Ēɶı× ęęô½ôı×Áîę×ÁĎÁÙĒ ÁIJċÁĎęĒ ıôĎæÙîÓ ĒÙ½Á ·ij ĒÙ½Á ıÙę× Ēę ÒÒɷ ę×Á ÓÁî¸ijʖĒ ÙîęÁĎî è
í äôĎÙîİÁĒęíÁîęĎÁčĝÙĎÁ½ę× ęÓôÁĒ·Áijôî½ ęijċÙ¸ èċĎôäÁ¸ęɼ ¸èÙÁîęĒ × İÁ Ó ÙîÁ½ ę×Á ęôôèĒ ęô Ù½ÁîęÙÒij ę×Á ċċĎôċĎÙ ęÁ ½ ę
6ôĎÁIJ íċèÁɷuĝîLÙÒÁÙĒèôôæÙîÓęôĎÁ ϸ×ÙęÁ¸ęĒôíÁôÒÙęĒ½ ę Ē¸ÙÁî¸Á ċĎôäÁ¸ęĒ ÒôĎ ę×Áí î½ ę×Áî ċċèij ÒôĎ ½ ę Ē¸ÙÁî¸Á
ĒôÙę¸ îíôİÁęôę×Á¸èôĝ½ɷı×Ù¸×ĎÁčĝÙĎÁĒíôĎÁÙîİÁĒęíÁîęÙî ĎÁĒôĝϸÁĒɼ {×ÙĒ ċċĎô ¸× èĒô ×ÁèċĒ î èijęÙ¸Ē ċĎôÒÁĒĒÙôî èĒɷ
architecture and infrastructure. “The incrementalism is a risk ı×ô ĒÁĎİÁ Ēĝ¸× ½ÙİÁĎĒÙęij ôÒ ÙîęÁĎî è ¸ĝĒęôíÁĎĒ ę× ę ę×Áij
ę× ęıÁ× İÁęôí î ÓÁɷʔ×ÁĒ ijĒɼ ¸ îʖę èĒô·Á½ôí ÙîÁIJċÁĎęĒʊôî ÓĝĎôċôÙîęĒôĝęę× ęu î
6Ď î¸ÙĒ¸ôʖĒ½Áċ ĎęíÁîęĒĎĝîÒĎôíʓęôɷ î ÙĎċôĎęęô ĺôôɼʔ
Communication and Education Encourage an Analytics Mindset
½İ î¸ÙîÓ ¸ĝèęĝĎÁôÒÙîîôİ ęÙôîĎÁčĝÙĎÁĒîôęäĝĒę·ÁÙîÓ×Á Ď½ WîÁĒĝ¸¸ÁĒĒı Ē ! ę u6ċĎôäÁ¸ęıÙę×ę×Á¸ôĝîęij!Áċ ĎęíÁîę
·ĝęèÙĒęÁîÙîÓɼHôijôî ÓĝĎôɷı×ôı Ē¸×ÙÁÒ½ ę ôÒľ¸ÁĎÒôĎę×Á ôÒ nĝ·èÙ¸ ;Á èę× ęô ÙîİÁĒęÙÓ ęÁ ı×ij ċ ĎęÙ¸Ùċ ęÙôî Ď ęÁĒ × ½
¸Ùęij î½ ¸ôĝîęij ôÒ u î 6Ď î¸ÙĒ¸ô ę ę×Á ęÙíÁ Ē×Á ı Ē ÙîęÁĎ- Ò èèÁî·ijɗɜʾ íôîÓíôę×ÁĎĒ î½· ·ÙÁĒÙîę×ÁÒÁ½ÁĎ èôí-
İÙÁıÁ½ÒôĎę×ÙĒĎÁċôĎęɷĒ ijĒíĝ¸×ôÒę×ÁıôĎæôÒ½ ę Ē¸ÙÁî¸Á Áîɷ =îÒ îęĒɷ î½ ×Ùè½ĎÁî ʈ=ʉ îĝęĎÙęÙôî ċĎôÓĎ í ÒĎôí ɘɖɗɗ
ÙĒ ·ôĝę¸ĝèęĝĎÁ î½¸× îÓÁí î ÓÁíÁîęɷ×ÁèċÙîÓÙîęÁĎî è¸èÙ- ęô ɘɖɗɝɼ ÒęÁĎ î èijĺÙîÓ ĒÙIJ ijÁ ĎĒ ôÒ ½ ę ·ôĝę ċ ĎęÙ¸Ùċ ęÙôîɷ
ÁîęĒĝî½ÁĎĒę î½ę×Áİ èĝÁôÒ½ ę î½×ôıÙę¸ îèÁ ½ęôîÁı ċĎôÓĎ íĒę ÒÒÙîęÁĎ ¸ęÙôîĒıÙę×íôę×ÁĎĒɷċ ijíÁîęĒÙĒĒĝÁ½ɷ î½
DataSF's Data Academy Assessment: Leaders Set the Tone for Analytics
î½ Ùîîôİ ęÙİÁ ı ijĒ ôÒ ę×ÙîæÙîÓɼ Adoption
ʓ{×Á ı ij ıÁʖİÁ ċċĎô ¸×Á½ ¸ĝè- Strongly Agree Agree Neither Agree nor Disagree Disagree Strongly Disagree
ęĝĎÁ¸× îÓÁɷ½ĎÙİÙîÓ½ ę ĝĒÁÙîę×Á
¸Ùęijɷ × Ē ·ÁÁî ęô ĎÁ èèij ĒċÁî½ ęÙíÁ
to understand the challenges and
barriers to using data across the 32% 48% 15%
¸Ùęijɼ {×Áîɷ èÁęʖĒ Ē× ċÁ ôĝĎ ĒÁĎİÙ¸ÁĒ
Ďôĝî½ ę× ę Ēô ċÁôċèÁ ÒÁÁè ×Á Ď½ɷʔ
ôî ÓĝĎô Ē ijĒɼ ʓî½ ı×Áî ċÁôċèÁ 0% 20% 40% 60% 80% 100%
ÒÁÁè ×Á Ď½ɷ ę×Áî ę×Áij Ēę Ďę ęô ęĎĝĒę
ijôĝ î½ę×Áijı îęęôıôĎæıÙę×ijôĝ How often do you use the information or skills you learned in your own work?
ôîîÁıę×ÙîÓĒɷÙî¸èĝ½ÙîÓę×ÙîÓĒę× ę Daily Weekly Monthly Rarely Never
ĎÁí ij·Á èÙęęèÁĎÙĒæÙÁĎôĎĒ¸ ĎÙÁĎɷ
èÙæÁ½ ę Ē¸ÙÁî¸ÁċĎôäÁ¸ęĒɼʔ
18
CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
½ÁíôÓĎ ċ×Ù¸½Áę ÙèĒɷę×ÁęÁ í½ÁİÁèôċÁ½ íô½Áèę× ęĒ×ôıÁ½ ę×ÁċôıÁĎôÒę×Á½ ę ę× ęę×Áij èĎÁ ½ij× İÁ ¸¸ÁĒĒęôɷ î½Ēô
¸ÁĎę Ùî Ò íÙèÙÁĒ ıÁĎÁ íôĎÁ èÙæÁèij ęô ½Ďôċ ôĝęɼ {×Á ĎÁĒĝèęĒ ıÁċĎôİÙ½Á èôęôÒęĎ ÙîÙîÓ Ďôĝî½ę× ęɷʔ ıęÁĎĒ ijĒɼ
ċĎôíċęÁ½u î6Ď î¸ÙĒ¸ôʖĒ=ċĎôÓĎ íęô¸× îÓÁÙęĒôĝęĎÁ ¸×
ÁÒÒôĎęĒęôÁî¸ôĝĎ ÓÁíôĎÁċ ĎęÙ¸Ùċ ęÙôîɼ {×ÁèÁİÁè î½èÙîÙ¸ę æÁĒ ĒÙíÙè Ďę ¸æɼ=î ½½ÙęÙôîęôí æ-
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going to take time and you’re really going to have to engage.” ôĎÓ îÙĺ ęÙôîɼuôɷ ĒıÁè ijôĝęôĝĎĎô ½í ċɷıÁęĎijęôí æÁ
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ęÁĎċĎÙĒÁĒèÙæÁ ϸè ijĒuɷ ęÁĎċÙèè Ďɷ î½ę×ÁèÁİÁè î½èÙîÙ¸ɼ
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ÙĒ× è QôĎ½Áɷ İÙ¸Á ċĎÁĒÙ½Áîę ôÒ ½ ę Ē¸ÙÁî¸Á î½ ½İ î¸Á½ ÁÒÒôĎęĒ î½ÁIJċÁĎÙÁî¸ÁĒôÒ¸ôíċ îÙÁĒèÙæÁę×ÁĒÁ½ÁíôîĒęĎ ęÁ
î èijęÙ¸Ē ę ϸè ijĒ uɷ Ē ijĒ ę×Á ¸ôíċ îijʖĒ ½ ę Ē¸ÙÁî¸Á è · ×ôıÒ Ďę×ÁľÁè½× Ē¸ôíÁɼuÙÁÓÁèɷ ĝę×ôĎôÒPredictive Analyt-
Ùî¸èĝ½ÁĒ·ĝĒÙîÁĒĒÁIJċÁĎęĒı×ôıôĎæıÙę× î èijęÙ¸ĒÁIJċÁĎęĒęô ics: The Power to Predict Who Will Click, Buy, Lie, or DieɷĒ ijĒ
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ĝî½ÁĎĒę î½ Á ¸× ôę×ÁĎʖĒ ċÁĎĒċÁ¸ęÙİÁɷʔ QôĎ½Á Ē ijĒɼ ʓ{×Áij ĝî- è ÒôĎ ċĎôäÁ¸ęĒɷ î½ ¸ôîİÙî¸ÙîÓ ę×ÁÙĎ ¸ôèèÁ ÓĝÁĒ ęô ęĎĝĒę î½
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ę ęÁĎċÙèè Ďɷ ¸ĝèęĝĎÁʌ·ĝÙè½ÙîÓ ę æÁĒ ę×Á ÒôĎí ôÒ ôîÓôÙîÓ =î¸ĎÁ ĒÙîÓèijɷʌĒĝÙęÁÁIJÁ¸ĝęÙİÁĒɷİÙ¸ÁċĎÁĒÙ½ÁîęĒɷ î½½ÙĎÁ¸ęôĎĒ
ęĎ ÙîÙîÓĒÁĒĒÙôîĒèÙæÁʓ;ôıęôÁ îî èijęÙ¸Ē× íċÙôîÙîę×Á ôÒ·ĝĒÙîÁĒĒÒĝî¸ęÙôîĒ ĎÁ¸ôîęĎÙ·ĝęÙîÓę×ÁÙĎİôÙ¸ÁĒ î½ÁIJċÁĎ-
ĝĒÙîÁĒĒʔ ĒıÁèè ĒÙęĒ îîĝ è î èijęÙ¸Ē¸ôîÒÁĎÁî¸ÁɷĒ ijĒQôĎ- ęÙĒÁęôÁİÁîęĒÙîę×Á î èijęÙ¸Ē ĎÁî ɷuÙÁÓÁèĒ ijĒɼ=îôę×ÁĎıôĎ½Ēɷ
Ó î ıęÁĎɷ¸×ÙÁÒ î èijęÙ¸Ē½ÙĎÁ¸ęôĎɼʓÁ¸ÁĎę Ùîèijĝî½ÁĎĒę î½ èÁ ½ÁĎĒı×ôĒÁäô·ęÙęèÁĒ½ôîʖę× İÁęÁ¸×îôèôÓijôĎ î èijęÙ¸ĒÙî
îôęÁİÁĎij·ô½ijı îęĒęô·Á î î èijęÙ¸ĒċĎôÒÁĒĒÙôî èɷîôĎ½ôıÁ ę×Áí ĎÁí æÙîÓę×Á¸ ĒÁÒôĎ î èijęÙ¸Ēʊ î½·ĝÙè½ÙîÓĒĝċċôĎę
îÁÁ½ę×Áíęô·ÁɼĝęıÁ½ôı îęęô×Áèċę×Áíęôĝî½ÁĎĒę î½ for a data-driven culture. O
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CUSTOM RESEARCH REPORT — DATA, ANALYTICS, AND AI: HOW TRUST DELIVERS VALUE
{ôċĎôİÙ½Á Ďٸ׸ôîęÁIJęÒôĎ½ÙĒ¸ĝĒĒÙôîôÒę×Áčĝ îęÙę ęÙİÁĎÁĒÁ ϸ×ĎÁĒĝèęĒɷıÁÙîęÁĎİÙÁıÁ½ î èijęÙ¸ĒÁIJċÁĎęĒÙî¸èĝ½ÙîÓċĎ ¸ęÙ-
ęÙôîÁĎĒɷ ¸ôîĒĝèę îęĒɷ î½ ¸ ½ÁíÙ¸Ēɼ {×ÁĒÁ Ùî½ÙİÙ½ĝ èĒ ċĎôİÙ½Á½ ÙîĒÙÓ×ę Ùîęô Óôô½ ċĎ ¸ęÙ¸ÁĒ î½ ÁIJ íċèÁĒ ôÒ ę×Á ĒęÁċĒ èÁ ½ÙîÓ
organizations are taking to advance analytical maturity and build data-driven cultures.
Acknowledgments
Dean Abbott, co-founder and chief Yash Kandyala, head of global business analytics
½ ę Ē¸ÙÁîęÙĒęɷuí ĎęÁĎ;p ÒôϸôííĝîÙęijĒĝċċôĎęɷÙĎ·î·
Christina Hoy,İÙ¸ÁċĎÁĒÙ½Áîęɷ¸ôĎċôĎ ęÁ
·ĝĒÙîÁĒĒÙîÒôĎí ęÙôî î½ î èijęÙ¸ĒɷôĎæċè ¸Á
u ÒÁęij î½=îĒĝĎ î¸Áô Ď½Wîę ĎÙô
20
Randy Guard,
executive vice president
and chief marketing
officer, SAS
S P O N S O R ’S V I E W P O I N T
Why Advancing
Technology Demands
Building Trust
T
he annual MIT Sloan Management ReviewĝĒęôí! ę
˂î èijęÙ¸ĒĒĝĎİÁij×ÙÓ×èÙÓ×ęĒ×ôıę×ÁíôĒę î èijęÙ¸ èèij
Ùîîôİ ęÙİÁ ôĎÓ îÙĺ ęÙôîĒ ĎÁ ÙíċèÁíÁîęÙîÓ îÁı ęÁ¸×-
îôèôÓÙÁĒ ʊ íôĒę ĎÁ¸Áîęèijɷ =ʌ· ĒÁ½ ęÁ¸×îÙčĝÁĒ èÙæÁ í ¸×ÙîÁ
èÁ ĎîÙîÓ î½î ęĝĎ èè îÓĝ ÓÁċĎô¸ÁĒĒÙîÓɼ
{×ÙĒ è ęÁĒę ĎÁċôĎę Òô¸ĝĒÁĒ ôî î ĒċÁ¸ę ôÒ ½ ę î½ î èijęÙ¸Ē {×Áij ĎÁíôĎÁèÙæÁèijęôę æÁ ¸ęÙôîĒęô·ĝÙè½½ ę čĝ èÙęijɷ½ ę
ę× ę ×ÙęĒ ×ôíÁ ÒôĎ uuɷ îôę äĝĒę ÒĎôí ęÁ¸×îÙ¸ è Ēę î½ċôÙîęɷ ĒÁ¸ĝĎÙęijɷ î½ ¸ĝèęĝĎÁôÒ½ ę ʌ½ĎÙİÁîÙîîôİ ęÙôîɼÙę×ĎÁèÙ ·èÁ
·ĝęÒĎôí îÁíôęÙôî èôîÁɶęĎĝĒęɼ ½ ę ɷę×ÁĒÁ î èijęÙ¸ èèijí ęĝĎÁôĎÓ îÙĺ ęÙôîĒ¸ îíôİÁ·Áijôî½
· ĒÙ¸= î½½ Ē×·ô Ď½Ēɼ
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data. Successful organizations also must trust in their ability {×Á ʓĎô·ĝĒę í äôĎÙęijʔ ĎÁ ÓÁęęÙîÓ ę×ÁÙĎ ĒÁ¸ĝĎÙęij íÁ ĒĝĎÁĒ Ùî
ęôÙîîôİ ęÁ ĎÁ ęÁ ¸ĝèęĝĎÁı×ÁĎÁ ĒæÙîÓčĝÁĒęÙôîĒÙĒ ôĎ½ÁĎ ęô ÒôĒęÁĎ ÁIJęÁĎî è ęĎĝĒęɼ nĎÙİ ¸ij ÁÒÒôĎęĒɷ ı×ÙèÁ è ÓÓÙîÓ
ıÁè¸ôíÁ½ î½Áî¸ôĝĎ ÓÁ½ɼ ĒèÙÓ×ęèij·Á×Ùî½ĒÁ¸ĝĎÙęijɷ ĎÁ èĒô ċĎÙôĎÙęijʊô·İÙôĝĒèij½ĎÙİÁî
Ùîċ Ďę·ij7!nq¸ôíċèÙ î¸Áɼ
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