Big Data Helping Enterprise Decision-Making

 
 
By Karen A. Frenkel  |  Posted 02-13-2014 Email Print this article Print
 
 
 
 
 
 
 
 

EMC Corporation's "2013 Transforming IT" study finds that big data is giving rise to markedly improved corporate decision-making. It is also having an impact on a company's ability to differentiate itself competitively and to avert risk. The EMC study found better business processes, innovating products and solutions, and enhancing customer experience to be the top three drivers transforming IT systems and infrastructure. "We weren't surprised to see three-quarters of businesses see IT is key to meeting their goals in the next two years," says Helene Barnekow, a senior vice president at EMC. "It was surprising, however, to see that one-third of businesses are not considering big data solutions—we expect this to change in the near-term as individuals and companies hear more about the transformative benefits that are achievable with big data analytics technology." The survey includes responses from 10,700 business and IT management and executives, technical architects, data scientists, and storage and infrastructure managers from a range of industries in 50 countries. For the full report, click here.

 
 
 
  • Companies Looking to IT Innovation to Compete

    76% of respondents say their business believes technology investments are a strategic way to achieve goals.
    Companies Looking to IT Innovation to Compete
  • Top Drivers for Changes to IT Systems and Infrastructure

    1. Better business processes, 2. Innovating products and solutions, 3 Enhancing customer experience
    Top Drivers for Changes to IT Systems and Infrastructure
  • A Dearth of Skills Persists

    Only 62% of respondents say their personnel have the correct level of skills and knowledge for their company to compete successfully.
    A Dearth of Skills Persists
  • Keeping Skills Up-To-Date With IT Innovation

    75% of respondents say that ensuring skills keep up with the rate of IT innovation will challenge their organizations during the next three years.
    Keeping Skills Up-To-Date With IT Innovation
  • Cultural Barriers

    68% of respondents agree that IT can now handle essential business priorities and that the biggest barriers are cultural.
    Cultural Barriers
  • Big Data Is Improving Decision-making

    79% of businesses say improved uses of big data will lead to better decisions.
    Big Data Is Improving Decision-making
  • Big Data Expected to Determine Winners

    58% of respondents believe big data will be a key factor in determining winners and losers in their industry.
    Big Data Expected to Determine Winners
  • Getting Ahead With Big Data

    36% have already achieved a competitive advantage due to big data analytics.
    Getting Ahead With Big Data
  • Will Big Data Vanquish Cyber-Attacks?

    56% of respondents agree big data will prove vital in identifying and protecting against malicious attacks online.
    Will Big Data Vanquish Cyber-Attacks?
  • Not Everyone is Banking on Big Data

    29% of companies surveyed have no plans to implement big data technology now.
    Not Everyone is Banking on Big Data
 
 
 
 
 
Karen A. Frenkel writes about technology and science, innovation, and entrepreneurs and lives in New York City.

 
 
 
 
 
 

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