Although virtually every industry has begun to experiment with big data technology, some have been a bit more aggressive than others in their adoption and use of the solutions over the past few years.
Studies released in the past year or so have clearly shown that big data investments are rising across industries and around the globe, but that many firms are struggling to capitalize on the solutions and enjoy high returns.
The big data revolution has taken hold of virtually every industry and region in the past few years, with every entity from a farmer to a major financial institution on Wall Street leveraging modern intelligence solutions for a range of purposes.
From the beginning of the big data trend, the operative word in the eyes of many corporate decision-makers has appeared to be "big," which is not necessarily wrong given the use of massive volumes of information in these programs.
As many business leaders already know all too well, risk management is among the more important and challenging responsibilities involved in leadership, and one that can quickly cause issues when not handled properly.
Modern business intelligence solutions have already begun to impact a range of industries and sectors in dramatic fashion, helping governments clean up their strategies, enhancing patient care, bolstering manufacturing innovation and more.
With all of the responsibilities, tasks and planning involved in getting a business intelligence program off the ground, it can be easy to forget some of the more basic demands of the technology in terms of management and optimization.
Although it has become clear that volume is not everything in data analytics, the fact remains that business leaders and intelligence professionals need to ensure that they are using every relevant file in each project.
Although manufacturers and health care providers were among the first entities to really embrace big data, others are now starting to leverage the tools to ensure they can maintain a competitive edge in increasingly saturated marketplaces.
The big data revolution has taken hold of the global private and public sectors, as evidenced by the immense investments being made to strengthen the intelligence of decision-making in virtually every organization.