Big Data: Companies Draw up Plans for Using Big Data

first_imgA surprisingly large number, 70 percent, of organizations are currently considering how Big Data projects can help their business.  20 percent of companies of companies in that group are already using Big Data on projects, 13 percent are piloting the technology, and 22 percent are planning to implement a Big Data project.  That’s the conclusion of an Informatica survey of 600 global IT and business professionals.The two main reasons organizations are interested in Big Data are that they think that by using it that they can improve the efficiency of their business operations, and they think that it will improve their business agility.74 percent of organizations are targeting the analysis of their large transaction data volumes.  These organizations typically target the use of Hadoop and NoSQL.35 percent of organizations are trying to glean insight from social media data33 percent of organizations have collected mobile data that they would like to analyze22 percent of organizations have large amounts of machine-generated data that they wish to analyzeGirish Pancha, chief products officer for Informatica, said that “The reality is, big data represents both opportunities and challenges.”  Those challenges include:52 percent don’t have the right skills in using big data analysis tools39 percent aren’t able to address the real-time collection of data38 percent worry that the data they have may not be of good quality38 percent are concerned with data security and privacy issues involved in processing their data35 percent don’t think they have the right developer skill sets to manage Big Data34 percent think that the use of Hadoop is overly complex32 percent think that their governance capability for Big Data is inadequatelast_img