Vanson Bourne Research Infographic: Big Data

BIG DATA We're moving into an era of big data, where more information is captured in ever-finer detail from ever-more sources which means our decision-making is bound to improve. Doesn't it? We interviewed 100 ITDMS from organisations with 1000 or more employees to find out. 2 COST IS A BARRIER --- -- BIG DATA IS GREAT 3) 3) 3. 82% say it will give them a competitive advantage O--- 3) 3. Nearly 50% say big data has been more expensive than expected. 40% have big data. Larger organisations are more likely to have already adopted it, as are financial services 八バ八 元 At 41% budget is the most common reason why organisations are not currently using big data. £££ Just 1% say no departments in their organisations want access to business & analytical tools. and manufacturing organisations. At 34% budget is also the most common reason preventing the IT department from providing high quality big data analysis. A further 44% intending to do it within 3 years. 82% agree big data will become common and 3YRS many departments are keen to have access to big data. 3 TOOLS FAIL THE TEST 6 UNDER-UTILISED Almost 60% are aware that some departments within their organisation complain that the big data tools aren't as good as they would like. O----- Only 16% are prepared to say their big data tools are of high quality. Nearly 80% agree that big data is underused. Most departments are unlikely to have access to all of the tools that they would like, or need, to analyse it. 65% agree that big data requests made by other departments are not possible due to budget. Most organisations have general data analysis tools, but there are issues with these tools. 45% are aware of departments that complain about issues with quality of data. 5 LACK OF TRUST 4 WHO HAS CONTROL? 44% say that big data users in their organisation are frustrated that IT departments have control over big data. 23% disagree that big data projects outside of IT are a data security risk. it Nearly 50% agree that the Board do not regard big data as important. 2 33% say departments have rolled out a big data project without IT support, but this raises issue of data security. 61% say info gathered from big data is difficult to action. 36% say big data insights are not reliable. Rising to 53% for data users themselves. 88322 883 VansonBourne Survey conducted in April 2015 by Vanson Bourne. Respondents were 100 ITDMS from organisations with 1000 or more employees. Intelligent Market Research BIG DATA