Dancing the Big Data Insights Waltz with Accuracy, Agility and Speed
“Do it big, do it right and do it with style.” ― Fred Astaire
Partners waltzing in triple time with four feet require grace and precision. Similarly, creating an effective Big Data Analytics ecosystem demands dexterity coupled with speed and accuracy. Instead of four feet dancing in triple time, enterprise-level Big Data Analytics (BDA) encompasses numerous information sources, multiple technologies (software and hardware), nimble business processes and specialized human expertise in advanced analytics.
Hypatia Research Group surveyed more than 850 global organizations for this research and found that only 436 of these Fortune 500 executives actually utilize, recommend, influence, and/or hold budget or veto power over the purchase over the purchase of big data analytics or business intelligence software at their place of employment. As a result, only analysis derived from these 436 respondents was utilized for this research.
Hypatia’s analysis provides contrarian insight into how and why large organizations:
- Invest in big data analytics software solutions
- Prioritize software selection criteria
- Utilize a wide variety of informational sources
- Measure productivity and effectiveness of BDA initiatives
- Enhance accuracy and reliability of results
- Realize downstream business benefits
Manufacturer: HYP–25 pages, 10 charts and figures