The right investments pay off. We see this from research in The Economic Impact of Data Innovation, a survey of 2,000+ data leaders from 11 countries and seven industries. The report identified an array of data maturity’s concrete outcomes: Data innovation leaders develop more new products and services and get them to market faster than competitors — and have a 9.5% profit edge too.
The general takeaways from the main Economic Impact of Data Innovation report are also worth exploring by industry, with the unique opportunities and challenges experienced by each. Financial services organizations more often appoint executive roles to own customer experience and data innovation — and tend to see better customer success outcomes. A key strategy for healthcare organizations has been to incentivize IT roles around innovation capabilities. And so on.