Read the full survey results.
Respondents were asked what they saw as the biggest area of opportunity for Big Data in comparison to traditional systems, with 62% agreeing that they consider real time analysis as the biggest area of opportunity today.
"It's not long ago we were visiting enterprises and having to explain why they should look at big data. Today in 2016, Big Data Analytics is already considered a necessity to remain competitive by 63% of organizations," explains Serge Haziyev, VP Technology Services, SoftServe. "It's very encouraging that machine learning has featured so prominently in this survey. I find that businesses that take the plunge and implement machine learning techniques realize the benefits early on – it's a big step forward because it delivers prescriptive insights enabling businesses to not only understand what customers are doing, but why."
The survey also considered challenges and growing pains. The retail industry stood out as most concerned by data governance. All respondents agreed that it is more of a concern when implementing Big Data Analytics than with traditional systems.
SoftServe (www.softserveinc.com) is a leading technology solutions company specializing in software product and application development and services. Since 1993 we've been partnering with organizations from start-ups to large enterprises to help them accelerate growth and innovation, transform operational efficiency and deliver new products to market. Our experience stretches from Big Data/Analytics, Cloud, Security and UX Design to the Internet of Things, Digital Health and Digital Transformation. We have offices across the globe and development centers across Eastern Europe.
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