The Chief Data Officer Management Handbook: Set Up and Run an Organization’s Data Supply Chain

© Martin Treder 2020

M. TrederThe Chief Data Officer Management Handbookhttps://doi.org/10.1007/978-1-4842-6115-6_16

16. Data Business Cases

Martin Treder¹ 

(1)

Königswinter, Nordrhein-Westfalen, Germany

 

Figure 16-1

The ROI dilemma

Business cases for data – why?

Think of the typical Hype Cycle that organizations like Gartner work with.

We are coming from a time during which particularly the most modern data disciplines around Artificial Intelligence (AI) and Robotic Process Automation (RPA) were expected to replace human intelligence soon.

Each organization is setting up departments for AI, Machine Learning, or Data Science so as not to miss the train. This ...