Big data impacting business in North America

Sponsored by

New York City, June 12, 2012 — Big Data has improved businesses' performance, on average, by 26 percent and that the impact will grow to 41 percent over the next three years. The majority of companies (58 percent) claim they will make a bigger investment in Big Data over the next three years.

This is according to the Capgemini report, "The Deciding Factor: Big Data & Decision making." The report reveals that nine out of ten business leaders believe data is now the fourth factor of production, as fundamental to business as land, labor, and capital.

The study, which surveyed more than 600 C-level executives and senior management and IT leaders worldwide, indicates that approximately two-thirds of 168 North American executives surveyed believe Big Data will be an issue over the next five years, and one that needs to be addressed so the organization can make informed decisions.

They consider their companies as data-driven, reporting that the collection and analysis of data underpins their firm's business strategy and day-to-day decision-making.

Fifty-five percent are already making management decisions based on "hard analytic information." Additionally, 44 percent indicated that the increasing volume of data collected by their organization (from both internal and external sources) has slowed down decision-making, but the vast majority (84 percent) feel the larger issue is being able to analyze and act on it in real-time.

Sponsored by
CURRENT ARTICLES

Brazil’s Eletrobras picks Itron for power grid modernization

05/04/2015 Itron will work with Eletrobras, a major Brazilian electric utility and the largest power utility in Latin America, to mod...

MidAmerican Energy plans two new wind farms

05/04/2015 MidAmerican Energy is obtaining necessary permits and easements for the construction of wind farms at two new sites 

EIA confirms rise of natural gas, renewable energy

05/04/2015

Wind and solar generation account for nearly two-thirds of the growth in renewable generation 

ON DEMAND WEBCASTS

Beyond Integration: Three Dynamics Reshaping Renewables and the Grid

In a unique industry research initiative, DNV GL gathered views from over 1,600 energy sector par...

Engaging the Small and Mid-sized Business (SMB) Marketplace

This session will outline how Duke Energy leveraged Voice of Customer insights, previous experien...

When Grid Optimization is Not Enough: Making Cents of Disruptive Change.

Electric utilities today face unprecedented volatility and business challenges. To stay competiti...

Avoiding the Pitfalls of Premium Power

Premium power is an increasingly valuable tool for utilities and municipalities, who can charge m...

The Integrated Operating Model Creating an Advanced Outage Management Environment to Control the Grid

Amy Hime, Senior Manager of Engineering and Asset Systems at Enersource, will discuss the journey...

INDUSTRY STOCKS

EL&P BUYER'S GUIDE PRODUCTS

MITEM Corp

Provides CRM solutions for regulated U.S. public utilities. The product, MitemView integrates differently designed systems to share critical data a...

Resources on Demand

Manages resource requests, tracks personnel movements, and supports lodging/logistics during a power restoration event.

Smart Grids

Quanta is contributing to its customers' smart grid initiatives by installing technology on power networks to provide energy management solutions f...

Horizontal Directional Drilling

With 28 small, mid-sized and large drilling rigs, Quanta Pipeline Services is one of the largest horizontal directional contractors in the world fo...

POWERGRID PRODUCT LISTINGS

EtherMate® Industrial Ethernet - IO Modules

LioN-M ProfiNet device with 16 digital I/O channels, channels can be used universally as inputs or outputs, M12 socket, ro...

Low-Smoke Zero Halogen Premise Distribution Cable

AFL’s Low-Smoke Zero Halogen (LSZH) distribution cable offers all of the benefits of a traditional 900 µm based optical ca...

OFL280 FlexTester - Handheld OTDR

AFL's OFL280 FlexTester offers an unmatched combination of fiber test functions, ease-of-use, portability, and value.

TRM® 2.0 - Test Results Manager PC Analysis and Reporting

Test Results Manager 2.0 (TRM® 2.0) is an all-in-one analysis, viewer and reporting tool designed for use with NOYES fiber...

FEATURED ENERGY JOBS

View more Job Listings >>

POWERGRID International

March 2015
Volume 20, Issue 3
1503PG-cover

ELECTRIC LIGHT & POWER

January 2015
Volume 93, Issue 1
1501elp-cover