Big data

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Some interesting statistics about big data and how it affects your business and your people.

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Big data

  1. 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
  2. 2. We create 2.5 Quintillion(Billion Billion) bytes of data every day
  3. 3. …of the digital data that exists today has been created in the last two years 90% 2years
  4. 4. The amount of new technical information more than doubles in size every two years Year 2Year 1
  5. 5. … of a company’s data is unstructured, making it difficult to manage and interpret 90% (estimated)
  6. 6. The number of hours employees spend searching for the right information 2hrs per day
  7. 7. … of executives believe they’re losing revenue opportunities by not leveraging available data 93%
  8. 8. The amount lost every year due to data-related problems $5 million
  9. 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. 10. The average revenue spent on data management – this is growing 3.5% average revenue $pend
  11. 11. Outcome for organisations that have successfully implemented advanced analytics 33% more revenue growth
  12. 12. … of executives say their organisations must change to optimise information over the next two years Where is Big Data going 97%
  13. 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. 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. 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. 16. Get you and your business ready for Big Data +44 (0)1793 417755 http://enterprise.bcs.org • Professional certification • Career mapping • Skills benchmarking • Professional development

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