The number of CEOs ready to fire those behind a failing big-data project says a lot about the growing importance of data analytics, according to a new study.
Expectations for big-data projects are running high, but so is the price of failure. A quarter of CEOs say they would fire a CIO or CTO over a botched initiative. The severe consequences of failure may because so many businesses leaders have now bought into the idea that exploiting data is important. About eight out of 10 C-level executives see data analytics-based business growth as their top priority over the next 12 months, according to new research from software firm Actian, formerly Ingres.
Author: Toby Wolpe