Data science news

EMC Forum Survey Reveals Big Data Adoption Trends in India 

EMC has released the findings of a survey that asked IT decision makers in India for their perspective on the challenges and opportunities that big data and IT transformation – and related skills – can present to their companies.
Findings from the survey reveal that while 26 percent of companies have no current plans for implementing big data technology 91 percent of Indian businesses agree that big data will lead to better decision making. Organizational culture (35 percent) and an unclear business case or proven ROI (28 percent) are cited as the most common inhibitors to big data adoption.

Analytics Tops Utility List of Future Needs.

A report finds that utilities want and need analytics but need lots of help getting the data in hand.

Data analytics remains one of the utility industry’s most challenging, yet most promising, tasks to take on in the years to come.
That’s the news from a report released last week by Capgemini and IDC Energy Insights, which found that data analytics is expected to be the trend with the most impact on the utility business over the next five years. At the same time, the report found that “despite the common agreement that analytics will create value for utility operations and utility customers, utility respondents do not have a well-developed analytics strategy.”

Big data spending to hit $16bn

Spending on big data technology and services is likely to hit $16.9 billion by 2015, said an estimate from market intelligence firm IDC.

Big Data is rapidly moving from an abstract concept to become the core of business strategies across the Middle East, top IT leaders and industry experts agree, it said.

Over 40 per cent of CIOs in the region have reported that they are scoping investments in analytics and big data technologies in 2013. This represents a significant spike in interest, said the firm.