Now that organizations have the ability to collect information faster and more efficiently, executives are reconsidering the processes associated with maintaining those resources. Although the Big Data phenomenon offers decision-makers the opportunity to transform operations on multiple levels, the truth is that engaging in these projects requires firms to maintain more digital resources than ever before.
Although not all Big Data projects require managing massive volumes of information, the proliferation of advanced storage technologies and solutions with huge computing power encourages organizations to gather large amounts of assets. As a result, executives need to assess whether their current data management plans can keep up with these changes and evaluate whether any adjustments are necessary to optimizing performance.
Despite these potential modifications, the majority of companies are now confident about the benefits associated with Big Data. This trend was highlighted in a recent CompTIA study of 500 business and IT decision-makers, which found that 78 percent of respondents said they feel more positive about Big Data as a corporate priority than they did last year. At the same time, organizations are evaluating their methods for using and managing information, ensuring these capabilities stay up to par with evolving demand.
During these assessments, many businesses have come to grips with the fact that they are exactly where they want to be: 57 percent of decision-makers said their information management and usage plans are hitting the mark.
“Data has always been important in the business world, but the Big Data trend has elevated its importance, pushing companies to be smarter in how they manage and use data,” said Tim Herbert, vice president of research and market intelligence at CompTIA.