Nima has reminded the industry that the foundation of successful deployment of AI technology is high-quality data.
Nima has issued a draft position paper on AI in response to the technology becoming an industry buzzword. In the paper, nima states: “AI may be the latest shiny ‘silver bullet’, but nima believes the successful future deployment and exploitation of AI (and any other digital innovations) will depend on establishing strong foundations: high-quality data managed through effective data governance structures, processes and standards.”
Nima’s paper notes: “Organisations, before they deploy and use AI solutions, will need to ensure that their underlying source data has the quality characteristics necessary to meet its intended purposes. Some organisations are already well advanced in this respect, with strong data governance structures, processes and standards for enterprise-wide information management. But there will be others that have yet to start creating these vital foundations, and still more who are plagued by ‘data debt’ as a result of not addressing their data foundations.
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