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How companies use Big Data

MMS Founder
MMS mms2017

Interesting Executive survey from the Oct 2017 Harvard Business Journal on the status of Big Data projects within their organizations..

Harvard Business Journal; survey shows 48% of companies use Big Data for expense reduction, while 36% use Big Data to add revenue, 48.4% report measurable results from their Big Data investments, and 87% of executives say their Big Data projects were “successful”.

This is good news for Open Source Big Data products such as Hadoop, Mongodb , Spark, and Cassandra as Corporations realize the value in both structured and unstructured data as well as Data Scientists and Engineers.  This is setting the stage for the coming Machine Learning and AI revolution as Big Data infrastructure is built out and the data sets become more meaningful!

http://hbr.org/2017/04/how-companies-say-theyre-using-big-data

Author: Raul Salas

 

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