Information Technology & Big Data
The next revolution in Information Technology is Big Data. Companies are willing to make huge investments in this domain. 10% increase in available data may yield up to $65 million increase in net income for Fortune 1000 companies. Unfortunately, they have been largely unsuccessful to harness this opportunity. Information Technology companies and service providers hence need to take a review of how their services would now be based on solving their clients Big Data Problem?
Companies like Google and Facebook are demonstrating that a solid data management strategy can make a huge difference to a company’s bottom line. Corporations everywhere are paying attention; C-level executives are waiting to make decisions through insights gained from analyzing Big Data. As a result, companies are promoting IT from cost center to partner in strategic data management.
Unfortunately, most of the companies have been largely unsuccessful to harness this opportunity. Information Technology companies and service providers hence need to take a review of how their services would now be based on solving their clients Big Data Problem?