Capital One Finds Data Disconnect Between IT And Business Leaders
CIODIVE, Monday, December 2nd, 2024
Most executives are confident in their organization's data capabilities. Technical practitioners aren't so sure.
Business leaders are overconfident in their organizations' data capabilities, according to a Capital One report. The bank commissioned Morning Consult to survey nearly 4,000 business leaders and tech practitioners.
A majority of business leaders surveyed - 87% - believed their organization has a modern data ecosystem capable of deploying AI at scale. But only 41% reported successfully scaling AI-based solutions.
IT professionals were less sanguine. Seven in 10 technologists surveyed spent up to four hours a day resolving data problems, conducting quality checks and correcting errors.