Wednesday, July 31, 2013

Big Data and BI: Organizations Hunt Actionable Insights to Improve Business Ops

In the past few years Big Data has grown quickly, from fringe topic to a top concern of CIOs and business leaders. No surprise; organizations of all sizes are drowning in ever-growing pools of data, desperate to put it to good use. Worldwide data production is now estimated at a staggering 1,800 exabytes per year. Little wonder that leveraging Big Data is a major focus of organizations today.

The challenge is like the television show "Hoarders." How do you sift through incredible amounts of materials, figuring out what’s trash and what’s treasure? Many organizations face an even more basic problem: In a recent study one in three executives said they couldn’t find the right people internally with the right data. Clearly something is wrong.

 
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