Business of Data, Inside: June's Thought Leader of the Month, and Our Latest Research on Transformation Readiness

Here we are, the final day of May 2022. What a brilliant month it has been. It has also been the first whole month of these newsletters! So whether this is the first time you're reading or your fourth edition, welcome & thank you.

May has been full of exciting things, we launched our Business of Data North American Awards, announced our Business of Data Podcast World tour, and released more brilliant thought leader-led content. June is shaping up to be just as exciting.

June's Thought Leader of the Month

We are happy to announce that we have named Chun Schiros, Ph.D., SVP, Head of Enterprise Data Science Group at Regions Bank as June's Thought Leader of the Month.

As the head of the enterprise data science group, Chun is responsible for the development and execution of a data science/AI roadmap and strategies to drive competitive advantage for the enterprise’s business and operation through the use of data and advanced analytics. Chun currently leads a group of multiple data science teams focusing on building large-scale AI solutions using machine learning/AI/statistical techniques.

Chun appeared in the Business of Data Podcast talking to Catherine about the future of Data Science (Listen now) Most recently, however, she was featured in our just-released report, which you can find out more about below.

Only 8% of Enterprises Have Fully Integrated Analytics and AI Processes into the Cloud

Despite the clear and ongoing mandate for businesses to become data-driven to fuel growth and competitive advantage, our latest study with global professional services firm Genpact reveals that only 8% of respondents are far enough along in their journeys to be viewed as “analytics innovators”.

What's more, most respondents are far from reaching this ideal state. In fact, 51% are “data beginners” or “partial adopters” – stuck in the earliest stages of data and analytics integration.

“What many businesses overlook is the need to oversee a cultural, not just a technological, shift when building a data-driven enterprise. The study reinforces that to truly integrate data and analytics, business and IT strategies must be intrinsically linked. And, as the gap continues to widen between the innovators and the beginners, there’s no time to spare to forge this connection.”

Amaresh Tripathy, Global Analytics Leader, Genpact

To download your free copy of the full research report, click here

Business of Data Podcast

In last week’s?Business of Data?podcast, we’ve dedicated the episode to Edosa Odaro’s journey to his current role as CDAO at Saudi Arabian insurance company, Tawuniya. As is the case for many CDAOs today, Odaro is Tawuniya’s first analytics chief, giving him the advantage of defining the role and proving how it adds value to the organization. Listen here now.

That's everything for this week, thanks for reading. We hope that June is a great month for you!

Thanks,

Corinium Content Team