IAC 2024 - IA Fast Track to Search Focused AI Solutions
Big data
1. BIG DATA
How will it affect your business
and your people?
Sources: IBM – Information on Demand Conference 2011, IBM Bringing Smarter Computing to Big Data, IDC Predicts 2013, IDC The Diverse
and Exploding Digital Universe, Forbes – The High Cost of Managing Data, Pewinternet.org, IDC – Extracting Value from Chaos, ClearCi – Be
More Competitive By Nurturing Big Data, The Economist Intelligence Unit – Big Data and the Democratization of Decision
3. …of the digital data that exists today has
been created in the last two years
90%
2years
4. The amount of new technical information
more than doubles in size every two years
Year 2Year 1
5. … of a company’s data is unstructured,
making it difficult to manage and interpret
90%
(estimated)
6. The number of hours employees spend
searching for the right information
2hrs
per day
7. … of executives believe they’re losing revenue
opportunities by not leveraging available data
93%
8. The amount lost every year due to
data-related problems
$5
million
9. BIG DATA
types most beneficial
for strategic decisions
Internal databases61%
External website content50%
Social media content39%
Internet-connected device data34%
Location-based data34%
10. The average revenue spent on data
management – this is growing
3.5%
average revenue
$pend
11. Outcome for organisations that have
successfully implemented advanced analytics
33%
more
revenue
growth
12. … of executives say their organisations must change
to optimise information over the next two years
Where is Big Data going
97%
13. … of companies anticipate increased investment in
giving Big Data decision capabilities to more
employees over the next three years
Where is Big Data going
53%
14. Mobile, social, cloud and Big Data to drive around
90% of all growth in the IT market (2013-2020)
Where is Big Data going
90%
15. Roles with the greatest potential benefit
from Big Data capabilities
Where is Big Data going
Customer
service
41%
Marketing
41%
Strategy and
business
development
33%
General
management
27%
16. Get you and your
business ready
for Big Data
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