How to Break Through Big Data Roadblocks | CIO Insight

How to Break Through Big Data Roadblocks

May 24, 2016
1 minute read

How to Break Through Big Data Roadblocks

How to Break Through Big Data RoadblocksHow to Break Through Big Data Roadblocks

Big data has moved from market hype to a valid competitive strategy, yet many challenges often hinder a successful big data project.

Fully InvolvedFully Involved

Nearly six out of 10 survey respondents said their company is taking on a big data project, and an additional one out of five said they will start one soon.

Most Likely Leaders to Drive Big Data ProjectsMost Likely Leaders to Drive Big Data Projects

CEO: 32%, CIO: 25%, Line of business managers: 18%

Biggest Organizational Hurdles in Implementing Big Data InitiativesBiggest Organizational Hurdles in Implementing Big Data Initiatives

Silos: 21%, Lack of funding: 21%, No consensus on goals: 16%, Absence of executive support: 16%

Biggest Tech Hurdles in Implementing Big Data InitiativesBiggest Tech Hurdles in Implementing Big Data Initiatives

Data quality: 21%, Outdated infrastructure: 20%, Lack of internal tech expertise: 18%, Governance and security challenges: 17%, Data and legacy app silos: 12%

Cost AssessmentCost Assessment

34% of survey respondents said their companies spend between $50,000 and $100,000 on big data efforts, and 18% spend more than $100,000.

Where the Spending GoesWhere the Spending Goes

Networking and servers: 24%, Databases and storage: 23%, Cloud services or infrastructure hosting: 19%, Analytics software: 18%, Integration software: 15%

Benefits BreakdownBenefits Breakdown

26% said their big data investment primarily supports digital marketing initiatives and social media support, while 25% said it mainly serves to improve internal processes and operations.

Top Limitations of Relational Database SystemsTop Limitations of Relational Database Systems

Scalability: 22%, Maintenance: 22%, Performance: 22%, Cost: 17%, Access: 16%

Ready RemedyReady Remedy

71% said their organization has either already acquired a new data warehouse or is considering the purchase of one.

Most Popular Vendors for New Database TechMost Popular Vendors for New Database Tech

IBM: 38%, Oracle: 31%, HP: 24%

Dennis McCafferty

Dennis McCafferty is a contributor to CIO Insight. He covers topics such as IT leadership, IT strategy, collaboration, and IT for businesses.

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