The 2014 IDG Enterprise Big Data research was completed with the goal of gaining a better understanding of organizations’ big data initiatives, investments and strategies.
Key Findings Include:
- Organizations are seeing exponential growth in the amount of data managed with an expected increase of 76% within the next 12-18 months.
- Companies are intensifying their efforts to derive value through big data initiatives with nearly half (49%) of respondents already implementing big data projects or in the process of doing so in the future; however, enterprise organizations are ahead of the curve in implementation plans compared to SMB organizations.
- CEOs are focused on the value of big data and are partnering with IT executives who will purchase/manage/execute on the strategies.
- Organizations are investing in developing or buying software applications, additional sever hardware, and hiring staff with analytics skills in preparation for big data initiatives.
- Organizations are facing numerous challenges with big data initiatives and limited availability of skilled employees to analyze and manage data tops the list.
- In the next 12-18 months, organizations plan to invest in skill sets necessary for big data deployments, including data scientists (27%), data architects (24%), data analysts (24%), data visualizers (23%), research analysts (21%), and business analysts (21%).
- Half of respondents indicated there is no clear thought leader in the big data solution space.
IDG Enterprise’s 2014 Big Data research was conducted online among the audience of six IDG Enterprise brands – CIO, Computerworld, CSO, InfoWorld, ITworld and Network World – via web pop-up, forum posts, and email invitations. Results are based on 751 respondents.
For more information on this study, view the excerpt below. To receive the complete study results contact Sue Yanovitch.