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

Beacon Power to build flywheel, battery energy storage system in Alaska

05/26/2015 The project will combine proven and durable high-power flywheel energy storage technology from Beacon Power, with an exist...

Massachusetts nuclear plant back online after upgrades

05/26/2015 Entergy, the owner of the Pilgrim Nuclear Power Station in Plymouth, announced that the plant returned to full service on ...

sPower breaks ground on 22 MW solar power park in Los Angeles County

05/26/2015

The Sierra Solar project is sPower’s first in Los Angeles County

ON DEMAND WEBCASTS

Solar + Storage: Capturing Opportunities and Overcoming Challenges

The convergence of solar and energy storage applications is under way. The combined application o...

Storage Enters the Global Stage: What’s the value proposition for your region?

For electricity storage, the events of the last two years have shown that the skepticism around t...

How to deploy mobile forms + devices to speed up field service processes & reporting

Overcoming the pain points associated with any process is much simpler and more cost effective th...

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...

INDUSTRY STOCKS

EL&P BUYER'S GUIDE PRODUCTS

Decontamination & Decommissioning

Decommissioning strategy development, cost estimates, plant modifications; system and building decontamination; RV segmentation; large component re...

Nuclear Horizontal Modular Storage (NUHOMS®)

AREVA TN’s NRC-licensed NUHOMS® system ensures the highest safety and lowest dose performance. With no tipping, tripping and sliding, you have the...

Cavitation Peening

AREVA developed its innovative solution for asset management, significantly extending the life of reactor components. Cavitation Peening is a perma...

Engineering Solutions

AREVA combines a unique blend of engineering expertise with equipment and system knowledge, rigorous project management experience and regulatory e...

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