Challenges of using Big Data - Infographic | Enterprise Bytes

THE CHALLENGES OF BIG- DATA Companies wvith big data experience are overwhelmingly satisfied with business outcomes. But organizations need to address several challenges related to visualization and big data. CHALLENGES OF USING BIG DATA: 51% 51% Lack of sharing, an obstacle to measuring marketing ROI Security issue 45% 35% Not using data effectively to personalize marketing Integration with existing systems communication 42% 47% Not able to link data Budget together constraint 39% 37% Data collected too infrequently Lack of talent or not quickly enough to run 29% 41% Less or nO user data Lack of talent to implement TOP 5 CHALLENGES FACING BIG DATA STARTUPS IN 2015 1. LACK OF CLARITY: 6 out of 10 IT decision-makers expect their organizations to spend more on big data initiatives in 2015. • Only 5 percent 2. TALENT GAP: anticipating any type of budget decrease. • Market will be short 1.7 million capable big data professionals by 2018 • About the same time that data 3. THE COST OF TALENT market is set to be worth $41.5 billion. • Some 71 percent of businesses and IT organizations consider themselves either average or lagging when it comes to 4. UNCERTAINTY OF leveraging data. DURATION: • 60 percent of big-data projects will fail to go beyond piłoting and experimentation 5. BIG and will be abandoned by 2017. • Big data predicted to hit $125 billion in 2015, startups uren't alone; they face brutal competition from billion-dollar legacy companies. OCMS IT SERVICES PRIVATE ГED www.cmsitservices.com Reliable | Robust | Secure