Welcome!

@CloudExpo Authors: Pat Romanski, Stackify Blog, Elizabeth White, Liz McMillan, Mehdi Daoudi

News Feed Item

Big Data Initiatives High Priority for Enterprises but Majority Will Face Implementation Challenges

IDG Enterprise's 2012 Big Data Research Details the Strategies and Expectations for Big Data Adoption

FRAMINGHAM, MA -- (Marketwire) -- 11/08/12 -- IDG Enterprise -- the media company comprising of Computerworld, InfoWorld, Network World, CIO, DEMO, CSO, CIO Executive Council, ITworld, CFOworld and CITEworld -- releases the results from the 2012 IDG Enterprise Big Data research which delves into big data strategies and challenges as adoption increases. The research highlights big data initiatives as a high/critical priority for 59% of enterprise organizations (1,000+ employees) and 48% of small/medium (SMB) organizations ( < 1,000 employees). As a new technology trend, challenges are anticipated, in fact 60% of IT executives believe big data integration will be very/extremely challenging.

For this study, big data was defined as large volumes of a wide variety of data collected from various sources across the enterprise. Respondents indicated that the amount of data being managed per organization will increase by an average of 53% in the coming 12 to 18 months from 194.4TB to 296.7TB. The top sources contributing to this growth are customer databases, emails and word documents.

"The volume, variety and velocity of data is challenging organizations to quickly put a strategy in place to analyze, predict and monetize the value of data," said Bob Melk, SVP, group publisher & CMO, IDG Enterprise. "This research outlines how organizations are addressing this imperative and what solution areas IT decision-makers are investing in including data analytics, mining, warehousing, predictive analytics and visualization."

Big Data Adoption and Objectives Driving Investment

While respondents agree that big data initiatives are a high/critical priority, the big data trend is still in the early stages of adoption. Currently, 14% have already deployed/implemented big data projects and an additional 44% are in the process of implementing or planning to do so in the future. The speed of adoption aligns with the reliance organizational stakeholders have with the analytics big data can provide, which explains why CEOs (47%) are the number one supporter of big data initiatives. Organizations have multiple expectations driving big data investments, including: improving the quality of decision-making (52%), increasing speed of decision-making (47%), improving planning and forecasting (44%), customer retention (43%) and developing new products/services and revenue streams (42%).

Big Data Adoption Challenges

Organizations are facing numerous challenges with big data initiatives, with the average respondent citing more than five challenges, including: limited budget (45%), legacy issues (36%), security issues (34%), development time (34%) and growing demand on storage capacity/infrastructure (32%). Additionally, IT executives (42%) are concerned about identifying business areas and processes where big data can have the greatest impact, compared to 28% of line of business (LOB) employees. On the other hand LOB employees (47%) are concerned about making sure the human capital exists within the company are capable of supporting big data initiatives, compared to 32% of IT executives, which demonstrates a disconnect.

"There are so many possibilities to exploit data for business advantage, however like the majority of edge technologies security is a key concern," said Melk. "The top focus for managing data security is protecting data from theft and misuse and controlling access to data sets. For now, 58% of organizations are storing sensitive data on-premise and not using cloud technology; however as cloud technologies mature, I anticipate a migration to cloud models."

To mitigate these challenges, organizations are laying the ground work to manage big data initiatives, with more than a third of respondents investing in additional server hardware, developing or buying software applications and network bandwidth. Additionally, appropriate staffing and skill sets are a necessity for big data investments. While most organizations have data base programmers (62%), business analysts (56%), engineers (51%) and data analysts (47%), organizations are planning to hire data architects (30%) and data analysts (29%).

Key findings include:

  • Organizations are facing challenges with big data implementations, especially enterprise organizations given the exponential data growth rate compared to SMB organizations.
  • Big data is in the early stages of adoption with 44% of respondents in the process of implementation or planning to do so in the future.
  • CEOs are focused on the value of big data and are partnering with IT executives who will purchase/management/execute on the strategies.
  • Organizations are facing numerous challenges with big data initiatives and limited budgets tops the list.
  • Organizations are investing in additional sever hardware, developing or buying software applications and network bandwidth in preparation for big data initiatives.
  • In the next 12-18 months, organizations plan to invest in skill sets necessary for big data deployments, including data architects (30%), data analysts (29%), database programmers (26%), directors or managers of analytics (26%) and research analysts (26%).
  • More than half (53%) of respondents indicated there is no clear thought leader in the big data solution space.

Continue the Big Data Conversation

To learn more about analyzing, predicting and monetizing data and to engage with IT decision-makers, thought leaders and solution providers, attend or sponsor Computerworld's Data+: Analyze, Predict, Monetize event, September 8-10, 2013 at the Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch, Arizona.

To receive the complete research results or learn more about sponsoring Computerworld's Data+ conference contact Bob Melk at [email protected].

About the IDG Enterprise Big Data Research
IDG Enterprise's 2012 Big Data research was conducted online among the audiences of six IDG Enterprise brands -- Computerworld, InfoWorld, Network World, CIO, CSO and ITworld -- via online and email invitations, between June 25, 2012 and July 18, 2012 with the goal of gaining a better understanding of organizations' big data initiatives, investments and strategies. All respondents are involved in at least one of the following steps in the purchase process of IT or security products and services: evaluation, recommending/selecting vendors, determining requirements, determining the business need, approval/authorization, or selling internally. Additionally, the majority of questions were completed by more than 800 respondents have already deployed or plan to deploy big data initiatives.

About IDG Enterprise
IDG Enterprise, an International Data Group (IDG) company, brings together the leading editorial brands (Computerworld, InfoWorld, Network World, CIO, DEMO, CSO, CIO Executive Council, ITworld, CFOworld and CITEworld) to serve the information needs of our technology and security-focused audiences. As the premier hi-tech B2B media company, we serve our reader and advertiser audiences by delivering award-winning content, community, conversation, and conversion solutions across our entire portfolio of award-winning websites, events, magazines, products and services. In addition, the CIO Executive Council is a peer advisory service that delivers on the business, technology, and leadership needs for the world's elite CIOs and their respective staffs.

Company information is available at www.idgenterprise.com.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact:
Lynn Holmlund
Senior Marketing & PR Manager
IDG Enterprise
Email Contact
Office: 508.935.4526
Mobile: 508.254.8336

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@CloudExpo Stories
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, presented an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He then expounded on the industry issues he frequently came up against as an analyst, and ...
Cloud resources, although available in abundance, are inherently volatile. For transactional computing, like ERP and most enterprise software, this is a challenge as transactional integrity and data fidelity is paramount – making it a challenge to create cloud native applications while relying on RDBMS. In his session at 21st Cloud Expo, Claus Jepsen, Chief Architect and Head of Innovation Labs at Unit4, will explore that in order to create distributed and scalable solutions ensuring high availa...
SYS-CON Events announced today that App2Cloud will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. App2Cloud is an online Platform, specializing in migrating legacy applications to any Cloud Providers (AWS, Azure, Google Cloud).
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. Jack Norris reviews best practices to show how companies develop, deploy, and dynamically update these applications and how this data-first...
Intelligent Automation is now one of the key business imperatives for CIOs and CISOs impacting all areas of business today. In his session at 21st Cloud Expo, Brian Boeggeman, VP Alliances & Partnerships at Ayehu, will talk about how business value is created and delivered through intelligent automation to today’s enterprises. The open ecosystem platform approach toward Intelligent Automation that Ayehu delivers to the market is core to enabling the creation of the self-driving enterprise.
"We're here to tell the world about our cloud-scale infrastructure that we have at Juniper combined with the world-class security that we put into the cloud," explained Lisa Guess, VP of Systems Engineering at Juniper Networks, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Enterprise architects are increasingly adopting multi-cloud strategies as they seek to utilize existing data center assets, leverage the advantages of cloud computing and avoid cloud vendor lock-in. This requires a globally aware traffic management strategy that can monitor infrastructure health across data centers and end-user experience globally, while responding to control changes and system specification at the speed of today’s DevOps teams. In his session at 20th Cloud Expo, Josh Gray, Chie...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at 20th Cloud Expo, Mike Johnston, an infrastructure engineer at Supergiant.io, discussed how to use Kubernetes to set up a SaaS infrastructure for your business. Mike Johnston is an infrastructure engineer at Supergiant.io with over 12 years of experience designing, deploying, and maintaining server and workstation infrastructure at all scales. He has experience with brick and mortar data centers as well as cloud providers like Digital Ocean, Amazon Web Services, and Rackspace. H...
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
SYS-CON Events announced today that Massive Networks will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Massive Networks mission is simple. To help your business operate seamlessly with fast, reliable, and secure internet and network solutions. Improve your customer's experience with outstanding connections to your cloud.
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
SYS-CON Events announced today that SkyScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SkyScale is a world-class provider of cloud-based, ultra-fast multi-GPU hardware platforms for lease to customers desiring the fastest performance available as a service anywhere in the world. SkyScale builds, configures, and manages dedicated systems strategically located in maximum-security...
The question before companies today is not whether to become intelligent, it’s a question of how and how fast. The key is to adopt and deploy an intelligent application strategy while simultaneously preparing to scale that intelligence. In her session at 21st Cloud Expo, Sangeeta Chakraborty, Chief Customer Officer at Ayasdi, will provide a tactical framework to become a truly intelligent enterprise, including how to identify the right applications for AI, how to build a Center of Excellence to...
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution and join Akvelon expert and IoT industry leader, Sergey Grebnov, in his session at @ThingsExpo, for an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
Because IoT devices are deployed in mission-critical environments more than ever before, it’s increasingly imperative they be truly smart. IoT sensors simply stockpiling data isn’t useful. IoT must be artificially and naturally intelligent in order to provide more value In his session at @ThingsExpo, John Crupi, Vice President and Engineering System Architect at Greenwave Systems, will discuss how IoT artificial intelligence (AI) can be carried out via edge analytics and machine learning techn...
FinTechs use the cloud to operate at the speed and scale of digital financial activity, but are often hindered by the complexity of managing security and compliance in the cloud. In his session at 20th Cloud Expo, Sesh Murthy, co-founder and CTO of Cloud Raxak, showed how proactive and automated cloud security enables FinTechs to leverage the cloud to achieve their business goals. Through business-driven cloud security, FinTechs can speed time-to-market, diminish risk and costs, maintain continu...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, will examine the regulations and provide insight on how it affects technology, challenges the established rules and will usher in new levels of diligence a...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...