The Data Strategist
360factors, Inc.
Accelerate profitability, innovation and productivity by predicting risks and streamlining compliance
Welcome to The Data Strategist. We're thrilled you're part of our community of forward-thinking executives and data-driven leaders. Each week, our research staff curates the latest business news in AI, analytics, and leadership. Let's dive into this week's news, trends, and careers:
?? In the News
Gartner Survey Reveals Only 48% of Digital Initiatives Are Successful
Source:?Gartner
In 2025, Over 80% of EMEA CIOs Plan to Increase Investments in Cybersecurity, AI/GenAI, Business Intelligence and Data Analytics.
GenAI Funding on Track to Set New Record in 2024
Source:?S&P Global
In the first three quarters of this year, GenAI startups secured over $20 billion, according to S&P Global Market Intelligence data. That puts 2024 on track to exceed the 2023 total of $22.7 billion.
3 Strategies for Using Generative AI to Responsibly Extract Data Insights
Source:?World Economic Forum
In an increasingly complex and connected world, many are keeping a keen eye on artificial intelligence (AI) to understand its role in building high-performing, resilient and responsive enterprises.
Why Big Data Analytics is Critical for Success
Source:?Data Science Central
Big data analytics are an integral component of the modern business realm. Companies like Amazon and Marriott are strong examples of the success brought about by big data analytics, driving industry dominance.
?? Executive Moves
First Citizens Bank Appoints Scott Richardson as CDAO
Source:?CDO Magazine
Leading U.S. financial institution First Citizens Bank has appointed Scott Richardson as Chief Data and Analytics Officer.
United Bankers’ Bank CIO Retires, Successor Appointed
Source:?Bank Beat
United Bankers’ Bank named Craig Bantz chief information officer after Barb Fugate retired from the position on Nov. 4.?
Alliant Credit Union Names Ken Schaafsma as Interim CEO as Dennis Devine Departs
Source:?FinTech Futures
Alliant Credit Union, based in Chicago, Illinois, has named its chief risk officer (CRO) Ken Schaafsma as interim CEO, with Dennis Devine, the company’s president and CEO for the last four years, set to leave the company.
?? What's Trending
EY Global Corporate Reporting Survey 2024
Source:?EY (LinkedIn)
More than half of the 2,000 CFOs surveyed aren't confident they'll meet reporting goals and worry about the cost of new regulations, but many think AI could help.
Data & Analytics is Now Central to the Success of the Modern Business
Source:?Gartner (LinkedIn)
All over the world, organizations are harnessing the true power of data and analytics strategies to optimize decision-making during this time of ever present disruption.
A Toolkit to Help You Manage Uncertainty Around AI
Uncertainty around AI takes different shapes and forms, but we can boil it down to three main categories that every manager should consider: state, effect and response uncertainty.?
?? Career Opportunities
Chief Data, Analytics and AI Officer
Source:?LinkedIn
The CDAIO will be responsible for Data Warehouse Management, Data Quality Management, AI & Intelligent Automation, Analytics, Data Integration, and associated change management to advance the bank’s objectives.
Associate Director/Director, Data Management?
Source:?LinkedIn
Associate Director/Director, Data Management will oversee and provide guidance (both technical and strategic) on data management services provided to Intra-Cellular Therapies by CROs.?
Vice President, Data Visualization Engineer?
Source:?LinkedIn
This individual will be working with business leads, analysts, data architects, data governance leads as part of the corporate technology team to support multiple initiatives to design and develop reporting, visualizations, KPI scorecards and self-service business data-models.?
Director, Data Strategy and Management?
Source:?LinkedIn
As a Director, Data Strategy and Management, you will be responsible for building and sustaining our data governance framework, providing data engineering to support traditional Data and Analytics solutions alongside emerging technology such as Generative AI, and shaping our overall data architecture and approach.
The Data Strategist is brought to you by the team at Lumify360, by 360factors. Lumify360 is a modern data analytics platform for mid-market organizations that predicts business performance by enriching KPIs with internal and external data for real-time decision-making.?