2014 Big Data Outlook: Opportunities and Challenges

Email     |     Share  
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9
Previous Next

Click through for findings from a survey looking at the opportunities, challenges and implementation of Big Data, conducted by QuinStreet Enterprise.

Download Now: 2014 Big Data Outlook: Big Data Is Transformative – Where Is Your Company?

Big Data has the potential to help companies improve operations and make faster, more intelligent decisions. As such, Big Data initiatives are poised for explosive growth. But like any new technology, there are obstacles that might prevent companies from realizing the full benefits that Big Data can provide.

To better understand the business drivers, expected benefits, and challenges of Big Data, QuinStreet Enterprise conducted a survey of 540 decision-makers involved in Big Data purchases.

The survey found that:

  • 77 percent of respondents consider Big Data analytics a priority
  • 72 percent cite enhancing the speed and accuracy of business decisions as a top benefit of Big Data analytics
  • 71 percent of mid-sized and large companies have plans for, or are currently involved with, Big Data initiatives.

However, even with this enthusiasm for Big Data and the expected benefits it might deliver, companies face numerous challenges in their Big Data efforts. Many are concerned about:

  • Big Data project and management costs
  • How to scale their infrastructures to accommodate the large volumes of data to be analyzed
  • Overcoming data silos and application integration.

Download Now: 2014 Big Data Outlook: Big Data Is Transformative – Where Is Your Company?

 

Related Topics : Vulnerabilities and Patches, Resellers, Broadcom, Broadband Services, Supercomputing

 
More Slideshows

DataM59-190x128.jpg 6 Tips for Leveraging Open Source Technology

With some of the biggest names in tech leading the charge, open source technology is set to change the way we process, stream and analyze data. ...  More >>

mobile87-190x128.jpg How to Find Business Value in Your Data Through Modernization

Data only becomes a meaningful and valuable asset when organizations can transform it into actionable insights. ...  More >>

mobile86-290x195 10 Must-Have Apps for Your Small Business

Leveraging the right kinds of apps can make for a cohesive business ecosystem, valuable in increasing productivity, streamlining business processes, and instilling creativity overall. ...  More >>

Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.