Smart Data Collective
JANUARY 9, 2022
However, despite the benefits big data provides, companies that are using it are in the minority. Only 30% of companies have a well-defined data strategy. An even smaller number of companies have a data strategy that is supported by the company leadership. They will be more likely to invest in it.
Smart Data Collective
JULY 20, 2022
A growing number of businesses use big data technology to optimize efficiency. However, companies that have a formal data strategy are still in the minority. Only 32% of executives have officially laid out a data strategy to drive their organization. How Can You Use Lean Thinking with Big Data?
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Smart Data Collective
SEPTEMBER 20, 2023
Big data technology has been a huge gamechanger for countless companies in every sector. Around 60% of companies rely heavily on data analytics technology to meet their goals. However, despite, the many benefits of big data technology, many companies still have difficulty implementing it properly.
Cloudera
NOVEMBER 30, 2021
Some organizations have taken this as an opportunity for positive change by moving workloads to the cloud and utilizing enterprise data strategies that are key to their business resiliency. Perhaps it is too soon for those with newer and less mature strategies to see such positive impacts.
Smart Data Collective
MAY 10, 2022
Data analytics technology is rapidly becoming a more integral part of many company cultures. According to the 2021 State of Data Maturity Report, 32% of companies have formal data strategies. Data analytics serves many different purposes. Data analytics can help them bridge that gap.
Smart Data Collective
FEBRUARY 20, 2022
One survey published on CIO found that less than a third of companies have reported that big data has buy-in from top executives. If you are running a business that has not yet adapted a data strategy, you should keep reading. You will get a better sense of the reasons that you should make investing in big data a top priority.
Smart Data Collective
MARCH 2, 2023
In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Big data technology can significantly improve the company’s pricing strategy.
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