Welcome!

Containers Expo Blog Authors: AppDynamics Blog, Luisa Milic, Dana Gardner, Liz McMillan, Elizabeth White

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.

@ThingsExpo Stories
Akana has announced the availability of version 8 of its API Management solution. The Akana Platform provides an end-to-end API Management solution for designing, implementing, securing, managing, monitoring, and publishing APIs. It is available as a SaaS platform, on-premises, and as a hybrid deployment. Version 8 introduces a lot of new functionality, all aimed at offering customers the richest API Management capabilities in a way that is easier than ever for API and app developers to use.
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
In today's uber-connected, consumer-centric, cloud-enabled, insights-driven, multi-device, global world, the focus of solutions has shifted from the product that is sold to the person who is buying the product or service. Enterprises have rebranded their business around the consumers of their products. The buyer is the person and the focus is not on the offering. The person is connected through multiple devices, wearables, at home, on the road, and in multiple locations, sometimes simultaneously...
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
SYS-CON Events announced today that CDS Global Cloud, an Infrastructure as a Service provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. CDS Global Cloud is an IaaS (Infrastructure as a Service) provider specializing in solutions for e-commerce, internet gaming, online education and other internet applications. With a growing number of data centers and network points around the world, ...