dcsimg
 
 
 
 
 
 

How Data Projects Drive Revenue Goals

 
 
By Dennis McCafferty  |  Posted 07-09-2015 Email
 
 
 
 
 
 
 
  • Previous
    How Data Projects Drive Revenue Goals
    Next

    How Data Projects Drive Revenue Goals

    By Dennis McCafferty
  • Previous
    Mass Adoption
    Next

    Mass Adoption

    55% of surveyed IT managers said their organization has already implemented a big data project or projects, and 29% said they plan to do so within the next year.
  • Previous
    Massive Metrics
    Next

    Massive Metrics

    80% of surveyed IT managers already involved with these projects said their tools are analyzing more than 2 petabytes of data.
  • Previous
    Enterprisewide
    Next

    Enterprisewide

    44% of those managers said their big data projects are integrated throughout the company.
  • Previous
    Co-Dependent
    Next

    Co-Dependent

    93% said there are interdependencies between their big data processes and other processes outside of big data.
  • Previous
    Top Big Data Project Drivers
    Next

    Top Big Data Project Drivers

    Improving the customer experience: 60%, Gaining new customers: 54%, Growing top-line revenues: 46%, Entering new markets: 42%, Keeping up with the competition: 41%
  • Previous
    Biggest Priorities for Big Data Projects
    Next

    Biggest Priorities for Big Data Projects

    Scaling existing projects to address more data sources: 56%, Improving the security of current big data initiatives: 54%, Integrating individual projects throughout functions/departments: 48%
  • Previous
    Wish List, Part I
    Next

    Wish List, Part I

    57% of IT managers said their company needs more big data tech training for these projects to succeed, and 49% said they require new infrastructure, such as storage.
  • Previous
    Wish List, Part II
    Next

    Wish List, Part II

    47% said they need to hire more staff with required big data skills for these projects to succeed, and 45% said they'd like to have the right management tools for the existing infrastructure.
  • Previous
    Biggest Environmental Challenges for Big Data Projects
    Next

    Biggest Environmental Challenges for Big Data Projects

    Complexity of managing such a large implementation: 48%, Complexity of managing so many different solutions: 43%, Costs: 40%, Difficulty in reintegrating analysis: 36%, Lack of visibility into information and processes: 31%
  • Previous
    Essential Solutions
    Next

    Essential Solutions

    55% of IT managers already involved with big data initiatives said an alert management capability would enhance these projects, and 43% said file contention tools would.
 

The vast majority of organizations have either already implemented a big data project or plan to do so, according to a recent survey from CA Technologies. The report, titled "The State of Big Data Infrastructure: Benchmarking Global Big Data Users to Drive Future Performance," indicates that a great deal of these projects are integrated throughout the entire organization. Companies are pursuing big data and analytics primarily to improve the consumer experience while adding to their customer base. However, there are formidable challenges, including a lack of trained staffing to make data projects succeed, as well as the inherent complications of such implementations. "The amount of data organizations have access to is expected to continue to increase," according to the report. "The more data there is in different forms (both structured and unstructured); the more complex processes involved to ensure that analysis of the data is comprehensive, meaningful and useful. Organizations that do not create big data projects in an organized, future-looking way may find that their solutions become more challenging and less appropriate to use over time." An estimated 1,000 global IT managers took part in the research, which was conducted by Vanson Bourne.

 
 
 
 
 
Dennis McCafferty is a freelance writer for Baseline Magazine.

 
 
 
 
 
 

Submit a Comment

Loading Comments...
 
eWeek eWeek

Have the latest technology news and resources emailed to you everyday.

By submitting your information, you agree that cioinsight.com may send you cioinsight offers via email, phone and text message, as well as email offers about other products and services that cioinsight believes may be of interest to you. cioinsight will process your information in accordance with the Quinstreet Privacy Policy.

Click for a full list of Newsletterssubmit