By Samantha Ann Schwartz – If a business wants its competitors to read ’em and weep, it needs artificial intelligence, data scientists and a chief information officer willing to lean hard on data collection and management. 

A lot of the AI algorithms used by data scientists have been monetized and made available by open source.

“It’s becoming more and more cut and paste into terms of putting together your AI model,” said Robert Eve, senior director of data management at infrastructure software companyTIBCO, in an interview with CIO Dive. 

Building blocks of AI models will allow a level of consistency to emerge among algorithms. But the problem is, if a company is more or less equal to its competitor, how can it win? 

Advisory firm IDC outlines three factors companies need to effectively compete using data:  Read On: