Big Data in IT industry: Overview, Challenges, and Business BenefitsDatabase Management SoftwareUpdated on Sep 7, 2016 View more like this | Visit PORTLAND, OR | Contact Rahul Sharma |

Big Data in IT industry: Overview, Challenges, and Business Benefits
Research Beam added a report on “Big Data in IT industry: Outlook, Challenges, and Business Benefits"
Summary
Maximum share of executives confirmed that they are already using a big data platform within their organizations. This indicates that big data analytics is gaining momentum across the world and is rapidly emerging as the preferred solution to deal with changing business and technology requirements, compared to other traditional data management and processing tools. Moreover, maintaining strong business leadership and sponsorship is critical for successful adoption of big data initiatives within the organizations. Big Data platform provides highest potential benefits for marketing/brand management function. However, organizations identify certain challenges in managing big data such as complexity, lack of skill set, and privacy and security issues to access and deploy data.
Read More About Report@ http://www.researchbeam.com/big-data-in-it-industry-outlook-challenges-and-business-benefits-market
Key Findings
- 47% of executives indicated that they are already using a big data platform within their organizations.
- Overall, 75% of executives from medium-sized companies identify that implementation of big data platforms makes their business more data-focused.
- Overall, 52% of executives' observe that investment in big data will provide greater business agility to their organizations.
- Organizations identify complexity, lack of skill set, and privacy and security issues to access and deploy data as the pressing challenges in managing big data.
Synopsis
Research Beam Big Data in IT industry: Outlook, Challenges, and Business Benefits, examines executives' opinion on key business benefits influencing investment in big data projects, challenges faced in managing and securing profitable returns from big data, and the big data platforms which are projected to witness increasing prominence within the IT industry. Additionally, it provides information categorized by region and company type.
What else does this report offer?
- Adoption of big data platforms: provides information about the extent of use of big data platforms within organizations.
- Key drivers: examines the significant drivers influencing the use of big data within organizations.
- Factors influencing big data initiatives: analyzes factors responsible for successful adoption of big data initiatives within the organizations.
- Growth outlook: identifies how big data will affect organizations over the next five years.
- Business benefits: tracks the most important business benefits influencing organizations to invest in big data.
- Expected returns from big data: evaluates the expected returns on big data investments during the initial two years.
- Key implementation areas: projects the key business functions with highest potential benefits from big data platforms
- Big Data platforms: highlights the important big data platforms which are gaining prominence within the industry.
Table of Contents
1 Introduction
1.1 Definitions
1.2 Methodology and sample size
2 Implementation, significance, and adoption of big data: key takeouts
2.1 Adoption of big data platforms within organizations
2.2 Significant drivers supporting big data platforms
2.3 Factors accountable for successful adoption of big data initiatives
3 Projected investment and business benefits of big data platforms
3.1 Business advantages through investment in big data
3.2 Expected returns from big data investments
3.2.1 In total, 26% of executives are expecting returns between 0%-25% on big data investments over the initial two years
3.2.2 Overall, 38% of executives who operate in the Rest of the World expect to incur returns between 0%-25% on big data investments during the initial two years
3.2.3 Overall, 25% of executives from medium-sized companies' expect returns of more than 100% from big data investments
4 Key big data platforms and implementation concerns within the organizations
4.1 Prominent big data platforms within the IT industry
5 Appendix
Enquire About Report Here: http://www.researchbeam.com/big-data-in-it-industry-outlook-challenges-and-business-benefits-market/enquire-about-report
About Us:
With the arsenal of different search reports, Research Beam helps you here to look and buy research reports that will be helpful to you and your organization. Our research reports have the capability and authenticity to support your organization for growth and consistency.
With the window of opportunity getting open and shut at a speed of light, it has become very important to survive in the market and only the fittest and competent enough can do so. So, we try and provide with latest changes in the market that can suit your needs and help you take decision accordingly.
Contact Us:
5933 NE Win Sivers Drive,
#205, Portland, OR 97220
United States
U.S. & Canada Toll Free: + 1-800-910-6452
International: + 1-503-894-6022
UK: + 44-845-528-1300
India: +91 20 66346070
Fax : +1 (855) 550-5975
Email: [email protected]
Web: http://www.researchbeam.com
Research Beam added a report on “Big Data in IT industry: Outlook, Challenges, and Business Benefits"
Summary
Maximum share of executives confirmed that they are already using a big data platform within their organizations. This indicates that big data analytics is gaining momentum across the world and is rapidly emerging as the preferred solution to deal with changing business and technology requirements, compared to other traditional data management and processing tools. Moreover, maintaining strong business leadership and sponsorship is critical for successful adoption of big data initiatives within the organizations. Big Data platform provides highest potential benefits for marketing/brand management function. However, organizations identify certain challenges in managing big data such as complexity, lack of skill set, and privacy and security issues to access and deploy data.
Read More About Report@ http://www.researchbeam.com/big-data-in-it-industry-outlook-challenges-and-business-benefits-market
Key Findings
- 47% of executives indicated that they are already using a big data platform within their organizations.
- Overall, 75% of executives from medium-sized companies identify that implementation of big data platforms makes their business more data-focused.
- Overall, 52% of executives' observe that investment in big data will provide greater business agility to their organizations.
- Organizations identify complexity, lack of skill set, and privacy and security issues to access and deploy data as the pressing challenges in managing big data.
Synopsis
Research Beam Big Data in IT industry: Outlook, Challenges, and Business Benefits, examines executives' opinion on key business benefits influencing investment in big data projects, challenges faced in managing and securing profitable returns from big data, and the big data platforms which are projected to witness increasing prominence within the IT industry. Additionally, it provides information categorized by region and company type.
What else does this report offer?
- Adoption of big data platforms: provides information about the extent of use of big data platforms within organizations.
- Key drivers: examines the significant drivers influencing the use of big data within organizations.
- Factors influencing big data initiatives: analyzes factors responsible for successful adoption of big data initiatives within the organizations.
- Growth outlook: identifies how big data will affect organizations over the next five years.
- Business benefits: tracks the most important business benefits influencing organizations to invest in big data.
- Expected returns from big data: evaluates the expected returns on big data investments during the initial two years.
- Key implementation areas: projects the key business functions with highest potential benefits from big data platforms
- Big Data platforms: highlights the important big data platforms which are gaining prominence within the industry.
Table of Contents
1 Introduction
1.1 Definitions
1.2 Methodology and sample size
2 Implementation, significance, and adoption of big data: key takeouts
2.1 Adoption of big data platforms within organizations
2.2 Significant drivers supporting big data platforms
2.3 Factors accountable for successful adoption of big data initiatives
3 Projected investment and business benefits of big data platforms
3.1 Business advantages through investment in big data
3.2 Expected returns from big data investments
3.2.1 In total, 26% of executives are expecting returns between 0%-25% on big data investments over the initial two years
3.2.2 Overall, 38% of executives who operate in the Rest of the World expect to incur returns between 0%-25% on big data investments during the initial two years
3.2.3 Overall, 25% of executives from medium-sized companies' expect returns of more than 100% from big data investments
4 Key big data platforms and implementation concerns within the organizations
4.1 Prominent big data platforms within the IT industry
5 Appendix
Enquire About Report Here: http://www.researchbeam.com/big-data-in-it-industry-outlook-challenges-and-business-benefits-market/enquire-about-report
About Us:
With the arsenal of different search reports, Research Beam helps you here to look and buy research reports that will be helpful to you and your organization. Our research reports have the capability and authenticity to support your organization for growth and consistency.
With the window of opportunity getting open and shut at a speed of light, it has become very important to survive in the market and only the fittest and competent enough can do so. So, we try and provide with latest changes in the market that can suit your needs and help you take decision accordingly.
Contact Us:
5933 NE Win Sivers Drive,
#205, Portland, OR 97220
United States
U.S. & Canada Toll Free: + 1-800-910-6452
International: + 1-503-894-6022
UK: + 44-845-528-1300
India: +91 20 66346070
Fax : +1 (855) 550-5975
Email: [email protected]
Web: http://www.researchbeam.com