Tag: Birst 6

Making Decisions with Data – Still Looking for a Needle in the Big Data Haystack?

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Big data is getting big. Really big. IDC estimates that the amount of money spent on big data solutions worldwide was about $122 billion in 2015, and this figure is due to grow to $187 billion by 2019. About 29 per cent of companies have invested in NoSQL databases or are planning their deployments already, while 12 per cent plan to expand their implementations further, according to research by Forrester.

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Making Decisions with Data – Connecting People and Data for Better Analytics Results

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When thinking about making decisions, it’s important to differentiate between those that you make by yourself and those that you make with others. For many IT teams, building collaboration into how their businesses operate means deploying social tools such as chat or supporting real-time editing of documents by groups. However, when it comes to data, it’s a different story.

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Making Decisions with Data – The Role for Data Preparation

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Making use of data within companies is one of those challenges that should deliver huge results. In its FutureScape predictions for 2016, analyst firm IDC estimated that, worldwide, those companies analyzing all their information for actionable insight should see an extra $430 billion in productivity gains, compared to those that did not look at all their data.

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