Overcoming the practical and legal difficulties in identifying and realizing the value of data
Big data is the phenomenon of our time. The combination of the astonishing explosion of data and the rapid development of new technologies capable of storing and processing this information will transform the way enterprises run their businesses. After an initial period, when big data was an optional extra for most businesses, its value is now widely accepted. Big data and analytics are starting to enter the mainstream of daily business practice.Eighty percent of organizations are in the early stages of big data initiatives, which clearly paints a landscape where opportunities are being shadowed by uncertainty. Data projects are still not embedded in strategy, but rather ran separately. Businesses are still not sure what are the most important questions, and our report is trying to provide a view on how to take best advantage of data.