Gartner Survey Reveals That 64 Percent of Organisations Have Invested or Plan to Invest in Big Data in 2013Tuesday, October 8th, 2013
Jenrick IT are reporting continues growth in demand for experts within the Big Data space as organisations attempt to find out more about their customers of now and in the future.
As Philip Fanthom, Managing Director of Jenrick IT comments:
“Clients are looking to really drill down into the data to make crucial strategic decisions about the future products and services. However, the management and manipulation of this data is, at times, proving more cumbersome and complex than originally hoped. In addition, clients now need to find ways of displaying the information in a manner which makes it user friendly.
Gartner are reporting that there has been a significant growth in Big Data initiatives, but also that the initiative utilisation has been quite low (see below). It is highly probable that Big Data will only really come to fruition over the next 18-24 months as organisations ask the fundamental question:
‘What do we want to know?’ and more importantly; ‘What do we NEED to know in order to make decisions’”
Big data investments in 2013 continue to rise, with 64 percent of organizations investing or planning to invest in big data technology compared with 58 percent in 2012, according to a survey by Gartner, Inc. However, less than eight percent of survey respondents have actually deployed.
“The hype around big data continues to drive increased investment and attention, but there is real substance behind the hype,” said Lisa Kart, research director at Gartner.
“Our survey underlines the fact that organizations across industries and geographies see ‘opportunity’ and real business value rather than the ‘smoke and mirrors’ with which hypes usually come.”
The Gartner survey of 720 Gartner Research Circle members worldwide, which was conducted in June 2013, was designed to examine organizations’ technology investment plans around big data, stages of big data adoption, business problems solved, data, technology and challenges.
The survey found that of the 64 percent of organizations investing or planning to invest in big data technology in 2013, 30 percent have already invested in big data technology, 19 percent plan to invest within the next year, and an additional 15 percent plan to invest within two years.