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.
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
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.
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