47 percent of CEOs say they are being “challenged” by their board of directors to show progress in their digital transformation journeys, according to the Gartner 2018 CIO.
Despite this, a 2018 survey by Oliver Wyman found that 73 percent of global CEOs felt they had “insufficient information to predict and drive their business.” Moreover, in times of business crises, executives were even less confident they had the right information available to them, the survey revealed.
This is not due to a lack of investment in business intelligence (BI) and analytics tools.
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