It is no secret that IT budgets are not bottomless. Computer World discusses budgets as one of the potential factors for companies' lack of plans to implement big data solutions in their article, "Most Firms Have No Big Data Plans, Survey Finds." The article discusses a survey from market research firm called TheInfoPro.
Last year, 46% responded that their budgets would increase. This year only 40% said they expect to see IT budgets increase. In particular, IT professionals in midsize enterprises answered that they were not looking forward to more money in IT with only 36% planning to increase spending.
According to the article:
Fifty-six percent of respondents indicated they will not be deploying big data analytics applications even beyond 2013, the survey of 255 IT professionals found. Half of those surveyed were data storage professionals at the analyst level; the other half comprised IT mangers, vice presidents and CIOs. Survey respondents with no plans to roll out Hadoop or other big data analytics software said doing so requires a specific business case, and in most instances they didn't see a need for it.
Even though IT does not plan to spend money on big data solutions, there are plenty of other departments that are jumping at the bit. The scope of this survey is limited; big data solutions serve the entire enterprise.
Megan Feil, August 7, 2012