A recent report published by business analytics company Lavastorm paints a sorry picture for Big Data. Their study of 500 data scientists and professionals revealed that nearly 73% of the organizations still do not make use of Big Data for taking business decisions. This is despite the fact that investments in analytics have risen 65% over the past year. The Lavastorm report … [Read more...] about What Various Studies Tell Us About Big Data And Its Future
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How To Develop A Big Data Strategy To Outperform Your Competitors
A Big Data study from 2013 by Tata Consulting Services showed that 47% of the 1217 firms surveyed had not yet undertaken a Big Data initiative. A similar research project by the SAS Institute in 2013 revealed that 21% of the 339 companies questioned did not know enough about Big Data and 15%of the organisations did not understand the benefits of Big Data. Several other surveys … [Read more...] about How To Develop A Big Data Strategy To Outperform Your Competitors
The True Value Of Digitising Business Critical Documents – Video
For Big Data to fully impact an organisation it is of course important that all of a companys information is digital. A research by Ricoh showed that although managers are aware that big data opportunities require also the physical documents that hold critical business insights, still 50% of the surveyed organisations have five to ten years worth of information stored only in … [Read more...] about The True Value Of Digitising Business Critical Documents – Video
