AI pioneers are struggling with data management - Smarter MSP

As interest in artificial intelligence (AI) continues to increase rapidly, they say data is the new oil. The machine and deep learning algorithms that drive AI applications require access to massive amounts of data to work. A new survey of 100 business executives conducted by Corinium Digital, an online community focused on analytics, and commissioned by Paxata, Accenture Applied Intelligence, and Microsoft, finds 72 percent of large enterprise IT organizations have already allocated more than $2 million to AI initiatives in the 2018/2019 timeframe. A full 93 percent of respondents say their organizations are investing more than $1 million in analytics initiatives in the same timeframe as well. But when it comes to AI and analytics, there's a significant hurdle that needs to be overcome.