So, you have the algorithm! But do you have the data?

In the game of winning in business by using Artificial Intelligence (AI) there are two main weapons you can use: Algorithms and data. In a recent blog post Andrew White of Gartner, the analyst firm, says that It’s all about the data – not the algorithm.

AI iconIn the Master Data Management (MDM) space the equipment of solutions with AI capabilities has been going on for some time as reported in the post Artificial Intelligence (AI) and Master Data Management (MDM).

So, next thing is how to provide the data? It is questionable if every single organization has the sufficient (and well managed) master data to make a winning formula. Most organizations must, for many use cases, look beyond the enterprise firewall to get the training data or better the data fuelled algorithms to win the battles and the whole game.

An example of such a scenario is examined in the post Artificial Intelligence (AI) and Multienterprise MDM.

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