Identifying the opportunities of Big Data

With exponential growth in the amount of data being generated set to continue for the foreseeable future, organisations need to ensure they have the IT solutions and strategies to manage – and exploit – Big Data.
 
Rather than viewing Big Data as just one of many new IT challenges, organisations need to recognise it as a business opportunity. To tap into these benefits, organisations not only need the right internal IT skill sets but also the right storage architecture, analytical tools, and data policies.
 
According to IDC’s 2012 European software survey, 27% of European IT and business managers are currently accelerating current analytics activities by using Big Data technologies.
 
In addition, 18% of European business and IT managers are already looking at creating new products and services based on the opportunities that are opened up through the deployment of Big Data technologies.
 
Whilst opening up the doors to Big Data can lead to new business opportunities, it can also result in new risks. Big Data can also mean an increase in storage hardware costs. By optimising existing storage assets, organisations will be able to ensure both their IT infrastructure and budget can keep up with the endless flow of terabytes.
 
Deduplication, compression, archiving, and automated data tiering are just some of the proven storage optimisation options available to organisations. By optimising existing storage infrastructure, organisations will be able to establish an IT roadmap for capturing, analysing and exploiting Big Data and turning that data into big opportunities.
 
IDC shows us how Big Data is defined as four elements; volume, velocity, value and variety in its paper ‘Big Data Tips the Power Balance Between IT and Business Users and explores how IT and business managers are looking to accelerate current analytics activities by using Big Data technologies.
 
For help identifying the opportunities of Big Data further, you can read the report from IDC: ‘Big Data Tips the Power Balance Between IT and Business Users’ in full here:
http://www.itenabledbusiness.computacenter.com/the-opportunities-with-big-data/
 
Alternatively, join the debate via LinkedIn here.

Contact Information

Tessa Freeman

PR Manager

Computacenter

(44) 01707 635620

Tessa_freeman@computacenter.com