Big Data: Expectations, Obstacles, and The Road to Greater Value

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What can Big Data do for you? A recent report by The Economist Intelligence
Unit sponsored by SAP Services explores these issues and more. Learn more at www.sap.com/bigdata

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Big Data: Expectations, Obstacles, and The Road to Greater Value

  1. 1. Big Data: Expectations, Obstacles, and the Road to Greater Value Big Data. No doubt, it’s a valuable business resource – but what exactly do companies expect from it? The fact is, there’s often wide variation regarding these expectations – both across organizations and within. And as companies seek to realize the value of Big Data, many face significant obstacles. What are they, and what can be done? A recent report by The Economist Intelligence Unit sponsored by SAP Services explores these issues and more. Read on to learn what it discovered. Organizations are starting to take advantage of Big Data. Why do they need to be able to analyze it quickly? How are different business roles using Big Data today? What’s holding organizations back from realizing the full value of Big Data? Assuming these challenges can be addressed, how will organizations use Big Data moving forward? Make more effective decisions 62% Predict the future 70% View current status data 54% Data trapped in information silos 44% Cost and budget limitations 36% Improve predictive analytics to increase competitive advantage 35%–40% Lack of trained talent 30% Culture does not yet support a data-driven enterprise 28% Need to retrain business users 14% Understand trends 47% Access detailed information 42% All employees Executives Managers Understand business trends 55% of organizations provide user-generated reporting Predictive analytics • Respond to challenges before they happen • Yield the insights needed to predict outcomes • Capitalize on future trends Use visualizations to signal required action 53% Visualization • Summarize complex data • Drill down to understand the drivers behind trends • Communicate recommended action 57% How can SAP help your organization capitalize on the Big Data future? When it comes to Big Data, no other company is more prepared to help you seize opportunities than SAP. Learn more about our solutions and services at www.sap.com/bigdata. Sources *All data is from The Economist Intelligence Unit (EIU) report, The power of fast data, available free of charge at www.economistinsights.com/fast-data. Avoid missing opportunities 37% Control costs 36% Respond better to competitive pressures 34% Studio SAP | 30519enUS (14/04) ©2014 SAP AG or an SAP affiliate company. All rights reserved. The Best-Run Businesses Run SAP™

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