Monday, June 3, 2013

Big Data ROI Still Tough To Measure

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Big Data...From InformationWeek's Enterprise Software
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  Monday, June 3, 2013
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Doug Henschen <dhenschen@techweb.com>
Doug Henschen
 
 

Big data proponents are a vocal bunch, promoting sundry tools and technologies that enable enterprises to mine a steady stream of unstructured data for hard-to-reach insights. But how easy are big data projects to set up? And once implemented, are they worth the cost?

As Jeff Bertolucci reports, a recent survey by IDG Research Services and Kapow Software shows a fair amount of disillusionment among big data pioneers. The survey of more than 200 IT and business leaders at large organizations shows that just 23 percent of these leaders see big data projects as a "success" thus far, while 52 percent of respondents call the projects "somewhat successful."

As we've previously advised, organizations should identify problems they want to solve before they blindly rush into big data deployments. In fact, the biggest payoff is likely to be in solving problems that existed long before big data became a buzzword. Addressing known needs is a surer path to success than just gathering up data and hoping to find golden nuggets down the road.

Read More.

ALSO IN THIS EDITION
IBM's Vision For Cognitive Computing Era
Server Sales Slump Continues, Gartner Says
Big Data Analytics For The Masses
CIO Tough Love: Agility Demands Increasing
Big Data Tool Mimics Human Problem Solving Technique
CFOs Join CMOs In Tech Power Grab
Is Data Quality Overrated?
2013 Strategic Security Survey

 
NEWS & ANALYSIS
IBM's Vision For Cognitive Computing Era
Ready or not, enterprise IT is entering an insight-driven age of computing where big data analytics rules, says IBM.

Server Sales Slump Continues, Gartner Says
Worldwide server revenue declines 5 percent in the first quarter, with Oracle as loss leader and Dell bucking the trend.

Big Data Analytics For The Masses
BigML's cloud-hosted machine-learning platform for predictive analytics is designed for everyone--from data gurus to regular business folks.

CIO Tough Love: Agility Demands Increasing
IT leaders, brace yourself for pain as you push for agility. Business needs are emerging so rapidly that tools don't exist to support them, said CIOs at the MIT Sloan CIO Symposium.

Big Data Tool Mimics Human Problem Solving Technique
Case-based reasoning compares real-time information with past cases to provide companies with the best course of action, says Norwegian firm Verdande, maker of CBR product Edge.

JOIN THE CONVERSATION
Posted By Tony Kontzer:
"The most exciting thing about the Internet of Things is the promise of devices to broadcast their various indicators (location, operational levels, mechanical status, physical condition, etc.) via social media feeds. This is the vision of companies like GE, which wants to establish social networks around things like jet engines, which customers, designers, engineers, and anyone with a vested interest can then 'follow.'"
In reply to: Internet Of Things Wake-Up Call For Enterprises
View Entire Response | Post Your Own Reply

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COMMENTARY
CFOs Join CMOs In Tech Power Grab
Doug Henschen
Chief financial officers' level of influence over technology decisions has increased during the last three years. This is the key finding of a just-released study, and it's a familiar trend, as the same thing is said to be happening with chief marketing officers. Some CIOs might view increasing CFO and CMO influence over tech decisions as a threat, but executives at Oracle and Accenture, the co-sponsors of the CFO study, urge CIOs to view the trend as an opportunity to educate and cooperate with C-level peers.

Is Data Quality Overrated?
Rajan Chandras
MetLife and search-and-rescue teams prove that sometimes as-is data is good enough for serving customers and saving lives.

 
REPORTS & WHITEPAPERS
FEATURED REPORTS
2013 Strategic Security Survey
We stated in our 2012 Strategic Security report that information security pros are quick to pin the blame for problems on end users, the CFO, vendors, developers--anyone but themselves. Harsh? Yes, but our criticism of this tack seems to have gotten through: Our 2013 data shows that security professionals are ready to take ownership of their strategies.
Download Now (Registration Required)


MORE REPORTS

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FEATURED WHITEPAPERS
Know the Big Three
There is no question that mobile computing is growing at an exponential rate. This rapid transformation has seen security concerns outpaced by the ease of use, flexibility, and productivity of mobile devices. When vulnerabilities are exploited, the security of mission-critical data becomes a serious concern. In this this whitepaper, learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Download Now (Registration Required)



MORE WHITEPAPERS
 
RESOURCES AND EVENTS
Use Process Analytics to Drive Better Business Performance
Join this UBM Tech webinar to find out how process analytics can change your business. Brad Power, noted process innovation consultant and researcher, joins Danny Cates, process evangelist in Lexmark's Perceptive Software division, to dissect case studies of process improvement success. Brad takes the 50,000 feet view, while Danny gets down into the nuts and bolts of business process magic.
It happens June 11.
Register today!



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