Success in Data Analytics, How to Address the Failure Rate

In this episode, we explore the success and challenges of data analytics projects.Joining us is David Hill, CTO, Oka-Bi, a data warehouse software firm. David and I engage in a deep discussion into three key areas that impact projects: 1) complexity of projects 2) resource constraints, 3) stakeholder buy-in. Plus, valuable insights into recommendations for businesses looking to improve the success of their data analytics initiatives.In this episode, we will learn: 00:00 Introduction and Guest Welcome00:32 David Hill's Background and Interests01:28 The High Failure Rate of Data Analytics Projects02:42 Complexity in Data Analytics Projects04:23 Importance of Governance in Projects11:40 Resource Constraints and Their Impact18:39 Stakeholder Engagement and Buy-In23:24 Strategies to Reduce Failure Rates27:11 Future of Data Analytics and Closing RemarksThank you for listening!

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