The tidal wave of data crashing across the web has made companies re-evaluate how they analyze their incoming information. Today’s firms are looking to optimize overall operations and Information Management’s article “Big Data Analytics: The Currency of the 21st Century Enterprise” explains why big data analytics is the universal answer.
Companies tend to analyze only 10% and throw away 90% of incoming data and relevant information is most assuredly lost in the process. A change in management practices is necessary in order to embrace the analysis opportunities found in the volume, velocity and variety of available data:
Big data analytics necessitates new technology, processes and skills to enable firms to focus on the “art of the possible. Organizations have been able to employ analytics in sandbox environments to perform rapid analyses that dramatically accelerate time-to-answer and the process of moving from data to decision. Thus, businesses, consumer products firms, media companies, scientists and government agencies are able to react quickly and make decisions with greater speed and information.
The benefits of utilizing an efficient big data analytics platform are no secret. A big data solution is available with professionals like Polyspot that offer an infrastructure component that allows secure, enterprise-wide access to relevant data. Their innovative method involves storing and breaking down insights and opportunities from big data. The end result ensures smooth sailing through big data with increased efficiency and ROI.
Jennifer Shockley, September 14, 2012