Courtesy of Search Data Management
Companies today are increasingly striving to base decisions on
cold hard facts -- as opposed to what their guts tell them -- and
more than half plan to increase spending on
"big data" projects in the coming years, according to the
results of two new surveys.
The first survey, which was conducted by The Economist
Intelligence Unit, went out to more than "600 business leaders"
across the globe -- including 168 North America executives -- and
found a growing appetite for data and, perhaps more important, a
growing emphasis on data-driven decision making.
Among the survey's key findings, about two-thirds of North
American respondents said big data will be a major issue over the
next five years, while 58% expect their organizations to increase
spending on big data initiatives within the next three years. About
85% of North American respondents indicated a desire to do a better
job of analyzing and acting on data in real time.
"Big data is really about more than just sheer volumes," said
Scott Schlesinger, the vice president and head of business
information management, at Capgemini U.S., a systems integration
consulting firm and sponsor of the Economist Intelligence Unit
survey. "It's really the complexity of the data that organizations
are trying to get their arms around to make informed,
forward-looking decisions."
The survey also shed light on some of the perceived challenges
associated with big data projects and data management initiatives
in general. About 54% of North American respondents said finding
the right people with the right skills is the No. 1 obstacle to
launching a successful big data project.
Unstructured data -- which includes everything from the text
found in email and on social media sites to
machine-generated logs -- presents another big challenge.
According to the survey, 39% of North American executives think
that unstructured data is too difficult to interpret. But most of
them will still try, said Schlesinger, who offered some advice for
those attempting to gain business insights from unstructured
information.
"I think they need to maybe slow down a little bit and
understand their environment, their landscape, where they want to
go and what they aspire to be and engage people that have done this
before," he said. "There are great tools out there from a
technology standpoint, but I don't think it's just a technology
play. I think it's really about people, technology and
process."
More workers making data-driven decisions
The second survey, which was conducted by Avanade and went out to
569 C-level executives and IT decision makers, found that a growing
number of workers -- and not just IT workers -- are using tools and
employing best practices in an effort to make data-driven decisions. Avanade is a business
technology consulting firm founded by Accenture and Microsoft.
About 58% of respondents reported that widely accepted
data management best practices are now embedded in key
business processes and workflows. Meanwhile, 59% of respondents say
more employees are involved in making business decisions as a
result of more widely available company data.
"Big data has gained a top spot on the agenda of business
leaders for the real value it has begun to create," according to a
statement by Tyson Hartman, Avanade global chief technology officer
and corporate vice president.
MapR 2.0 hits the streets
Speaking of big data projects, MapR Technologies Inc. has unveiled
Version 2.0 of its MapR Distribution, an open source,
enterprise-grade Apache Hadoop distribution.
The latest version of the distribution offers increased security
and allows organizations to run Hadoop as a service with
multi-tenancy, according to MapR Technologies. It also offers
advanced monitoring and management capabilities.
Among its new features, version 2.0 includes advanced job
management capabilities, which allow administrators to have full
control over clusters, jobs and tasks. The company says job and
data placement control helps users make sure that job execution can
be isolated to different areas of a cluster for performance,
security or cost-control purposes.
In a separate announcement, MapR Technologies announced that its
distribution is now available as an option within the Amazon
Elastic MapReduce Service.
"MapR has optimized the management and performance to ensure an
easy and successful deployment," Jack Norris, vice president of
marketing at MapR Technologies, said in a statement.
Kognitio unveils Hadoop connector
Analytical platform provider Kognitio is the latest software
vendor to offer a Hadoop connector. The company says the connector
will allow users to import data into Kognitio from Hadoop clusters
for ad hoc queries.
Other vendors that have unveiled
Hadoop connectors in recent months include Oracle, IBM,
Informatica and
Talend.
In addition to connectivity, the new option from Kognitio offers
an external tables feature that embeds software agents inside of
Hadoop clusters. The company says this feature effectively allows
Kognitio to become an in-memory accelerator for Hadoop.
"The Kognitio Analytical Platform [accelerates] Hadoop and
[allows] it to work with standard BI and OLAP tools, enabling
results that make a difference on the bottom line," Roger Gaskell,
Kognitio's chief technology officer, said in a statement.