How Companies Can Improve Their Big Data Analytics

By Dennis McCafferty  |  Posted 10-17-2013 Email Print this article Print

If you had a car with a fantastic engine in your garage, you'd drive it, wouldn't you? After all, it makes no sense to invest in such a product and leave it hidden under a tarp, right? If so, then think of big data as the great, potential "engine" within your organization that remains, well, pretty much in storage, as CIOs and tech professionals agree that they're not doing nearly enough to maximize the use of effective analytics to unleash big data's potential, according to a recent survey from TEKsystems. These CIOs and tech pros differ on some related points, but they're essentially coming together on the key issues: That big data is vastly under-exploited, and they need more qualified IT analytics specialists to reverse this troublesome trend. "While the promise of big data initiatives are commonly accepted, the organizational readiness is questionable," says Jason Hayman, research manager for TEKsystems. "The skills organizations need do not necessarily come from the usual IT talent pools and the competition for those skill sets is heated. Organizations need to develop a blended sourcing strategy for hiring the innovative thinkers with backgrounds in mathematics and statistics." More than 1,500 IT leaders and 2,000 tech professionals took part in the research. For more about the survey, click here.

  • Untapped Asset

    Only 14% of IT leaders and 16% of IT professionals say they regularly apply big data concepts throughout their organizations.
    1-Untapped Asset
  • Stuck in Neutral

    Only 23% of IT leaders say they're currently implementing big data initiatives, and 15% of tech professionals agree.
    2-Stuck in Neutral
  • Overdue Assessment

    37% of tech professionals say their organization has not considered the value of big data, compared to just 23% of IT leaders who agree.
    3-Overdue Assessment
  • Minor Player

    72% of IT leaders say that analytics-produced information isn't driving all strategic business decisions, and 68% of tech pros agree.
    4-Minor Player
  • Budget Minded

    57% of IT leaders view big data as a way to reduce costs, compared to 42% of tech professionals who do so.
    5-Budget Minded
  • Out of Sync

    Nearly half of IT leaders are seeking to leverage big data to identify new business opportunities and trends, but only 40% of tech professionals are doing so.
    6-Out of Sync
  • MIA

    41% of IT leaders say that precise and accurate data analytics is at best "sometimes" available to make business decisions, but nearly half of tech pros say such data analytics is at best only sometimes available.
  • Silos Rule!

    Two-thirds of IT leaders say their organization's data is stored in disparate systems that don't "talk" to each other, compared to 53% of tech pros who agree.
    8-Silos Rule!
  • Anything Goes

    About three-of-five IT leaders and tech professionals agree that data owners aren't held accountable to ensuring data quality.
    9-Anything Goes
  • Talent Gap

    81% of IT leaders say there is a significant shortage of skilled workers available to plan, execute and take advantage of the potential of big data, and 77% of tech pros agree.
    10-Talent Gap
  • Greener Pastures

    56% of IT leaders say it's difficult to retain such workers, and 57% of tech pros agree.
    11-Greener Pastures
Dennis McCafferty is a freelance writer for Baseline Magazine.


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