The Lighter Side Of The Cloud – Google Glass
The Lighter Side Of The Cloud – Mischievous Easter Bunny
The Lighter Side Of The Cloud – Security Overkill
The Lighter Side Of The Cloud – Cloud Architecture
The Lighter Side Of The Cloud: Magical

Big Data – Is It Producing Big Returns On Investment?

Big Data – Is It Producing Big Returns on Investment?

Big-data is more and more commonplace in the domain of information technology nowadays – many entrepreneurs and experts are extremely curious about this question whether data produces the desired return on the investments made for managing it. A survey conducted by the Avanade IT Research Company.

According to the findings of this research study, the majority of companies are satisfied with the ROI produced by the investments on big data in their organizations. This study reveals that more than 73% of the senior management of the companies who participated in this survey believe that their investment in big data tools and business intelligence has increased the revenue of the company – Meanwhile, as much as 27% of these C-level people are not satisfied with the investment in big data.

If we look at the issues related to managing the big data, we would find that there are many problems that cause opposing effects on proper care of big data; subsequently, many companies may not be able to get the returns on their investment as per their desired targets. This fact can be verified by the results obtained from this study – more than 85% of the participants believe that it is difficult to handle big data for better results due to many obstacles like overwhelming of data volumes, shortage of experienced and dedicated staff and security of big data.

Similarly, more than 58% of managers report that it is extremely difficult to find a suitable tool for big data management – although, many these managers are also satisfied with the progress in this area in recent years.

A majority of the companies, as many as 58% have reported that they have already implemented big data management into their business plans and future product lines.

From these research results, it is abundantly clear that the investment returns produced by the investment on big data management are big ones – many companies are in the process of implementing the same. Although, there are many obstacles that are retarding the achievement of better results – these obstacles can be removed with the use of effective tools, merger of the structured and unstructured data, empowerment of the staff and optimization of the data and many other such factors.

By Walter Bailey

Walter

Walter has been a technology freelance writer for several years. His focus is on Cloud Computing and Big Data.

Sorry, comments are closed for this post.

Recent

Cloud Vendor Benchmark 2015: Price-Performance Comparison

Cloud Vendor Benchmark 2015: Price-Performance Comparison

Cloud Vendor Benchmark 2015: 15 Top IaaS Providers  Cloud Spectator has released their Cloud Vendor Benchmark 2015 Part 2: Price-Performance Comparison Among 15 Top IaaS Providers today, cited as the industry’s most comprehensive study. Exposing the influence that performance can have on the overall value of the IaaS environment, this report is aimed at helping…

Finland and The Future of The Internet

Finland and The Future of The Internet

Finlands Internet Future In so many ways, the nations of Northern Europe seem to be a few steps ahead of the rest of the world – countries like Norway, Sweden, Denmark, and Finland are frequently singled out for praise in areas as diverse as education, technology, and sheer happiness (despite the grey skies and bitter…

Technologies That Work Nicely With The Cloud

Technologies That Work Nicely With The Cloud

New Technologies And The Cloud Asides from all the security concerns that has been in the news over the past while, there are still some very exciting and ambitious opportunities available for those who stick it out. Lets take a look at some of the more exciting emerging technologies that can be used in conjunction…

Popular Archives

5 Surprising Ways Cloud Computing Is Changing Education

5 Surprising Ways Cloud Computing Is Changing Education

Cloud Computing Education The benefits of cloud computing are being recognized in businesses and institutions across the board, with almost 90 percent of organizations currently using some kind of cloud-based application. The immediate benefits of cloud computing are obvious: cloud-based applications reduce infrastructure and IT costs, increase accessibility, enable collaboration, and allow organizations more flexibility…

How The Cloud Is Changing Disaster Recovery

How The Cloud Is Changing Disaster Recovery

How the Cloud is Changing Disaster Recovery Anyone who is a regular reader of this site will know about the cloud’s numerous benefits. Using the cloud can provide businesses with cost-effective resource usage, rapid provisioning, easy scalability and flexible elasticity – benefits that simply don’t exist when using local on-site servers and services. One of…

Sponsors

The Many Hats Of Today’s IT Managers

The Many Hats Of Today’s IT Managers

The Many Hats of IT Managers In years past, the IT department of most large organizations was much like a version of Middle Earth: a mysterious nether world where people who seemed infinitely smarter than the rest of us bustled around, speaking and typing languages that appeared indecipherable, yet, which made our world work. They…

Selling Your Business To Your Employees

Selling Your Business To Your Employees

Mobility For Your Employees It may seem a radical notion, the idea of selling your business to the people who work for you, but this is the era in which we now work. Employees of all levels are all incredibly aware of their options when it comes to mobility and employability. This doesn’t mean that…

Established in 2009

CloudTweaks is recognized as one of the leading influencers in cloud computing, big data and internet of things (IoT) information. Our goal is to continue to build our growing information portal, by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

CloudTweaks Comic Library

Advertising