Data Analytics Chat

Success in Data Analytics, Addressing the Failure Rate, with David Hill (CTO)

Ben Parker Episode 2

In this episode, we explore the success and challenges of data analytics projects.

Joining us is David Hill, CTO, Oka-Bi, a data warehouse software firm. David and I engage in a deep discussion into three key areas that impact projects: 1) complexity of projects 2) resource constraints, 3) stakeholder buy-in. Plus, valuable insights into recommendations for businesses looking to improve the success of their data analytics initiatives.

In this episode, we will learn: 

00:00 Introduction and Guest Welcome
00:32 David Hill's Background and Interests
01:28 The High Failure Rate of Data Analytics Projects
02:42 Complexity in Data Analytics Projects
04:23 Importance of Governance in Projects
11:40 Resource Constraints and Their Impact
18:39 Stakeholder Engagement and Buy-In
23:24 Strategies to Reduce Failure Rates
27:11 Future of Data Analytics and Closing Remarks

Thank you for listening!