Faster Decisions Made Using Information Delivery from PolySpot
January 23, 2013
The amount of data a company has in its possession means nothing unless the company has the tools and team to extract information from the sheer numbers and data bits. CIO recently revealed an article called, “How To Use Big Data to Make Faster and Better Business Decisions.”
Important business related questions requiring action can be answered and assessed in days rather than months. With such potential on the table for big data, NewVantage Partners conducted a study to determine how organizations are using big data. It turns out that 85% of their respondents reported big data initiatives as currently underway.
The article states:
Respondents gave a number of reasons for their investments in Big Data, from reducing risk to creating higher-quality products and services. But two reasons were clear leaders: achieving better, fact-based decision-making and improving the customer experience. Of course, these are leading reasons for investments in traditional business intelligence (BI) analytics, too.
Emphasis rests on the amount of time it takes for companies to answer the questions they need answered. Luckily, there are technologies such as PolySpot that enable information access across the enterprise. Communication and analysis can thus take place in near real-time.
Megan Feil, January 23, 2013
Sponsored by ArnoldIT.com, developer of Beyond Search
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