How to Break Through Big Data Roadblocks
How 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 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 Projects
CEO: 32%, CIO: 25%, Line of business managers: 18%
Biggest 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 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Data quality: 21%, Outdated infrastructure: 20%, Lack of internal tech expertise: 18%, Governance and security challenges: 17%, Data and legacy app silos: 12%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 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 Goes
Networking and servers: 24%, Databases and storage: 23%, Cloud services or infrastructure hosting: 19%, Analytics software: 18%, Integration software: 15%
Benefits 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 Systems
Scalability: 22%, Maintenance: 22%, Performance: 22%, Cost: 17%, Access: 16%
Ready 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 Tech
IBM: 38%, Oracle: 31%, HP: 24%