This vendor-written piece has been edited by Executive Networks Media to eliminate product promotion, but readers should note it will likely favour the submitter's approach.
The proliferation of data has created a tremendous impact across business environments. According to IDC, by 2018, 70% of IT infrastructure spent will be related to digital transformation, and will support third platform workloads. It is now no longer a matter of adoption, but rather a case of revolution - businesses must embrace the third platform as the new norm and not as a disruptor, in order to thrive in today's digital landscape.
However, the effects of the data boom can be adverse when businesses fail to transform their IT infrastructure. When governed and leveraged effectively, enterprises have full confidence that their information is securely stored while remaining accessible for use in making business decisions. With the right foundational strategy and technologies, companies utilize this actionable intelligence to drive better decisions, create new efficiencies, and deliver a better customer experience. But big data can come with big challenges - and CIOs must take aim at these potential roadblocks while building out strategies.
IDC has estimated that the big data market will reach nearly $42 billion by 2018 - representing a CAGR of more than 25 percent. This is actually six times the growth rate of the entire IT market! What this does not reflect, however, is the number of enterprises that are "stuck" in implementations due to poor planning or preparation.
More often than not, these enterprises fail in moving away from legacy processes to effectively leverage on big data. Such is the case when we meet with customers who encounter several common obstacles when implementing big data solutions. And the issues range from mismatched skill sets and poor cultural alignment to shortcomings in the infrastructure itself. It is therefore critical to construct a strong foundational strategy that aligns objectives and prepare for any potential roadblocks along the way. The crux is to create flexibility and added power into operations, while building core skill sets and creating an information-driven corporate culture.
The impact of big data can only be captured by acknowledging its potential challenges, and then building a policy-driven infrastructure to overcome them. For starters, IT leaders should team with a reliable partner to calculate success factors, develop strategies, create roadmaps, and pinpoint key milestones for specific use cases. These conversations help align quantitative measures for achieving goals - thus ensuring decisions are less emotional and subjective.
Engaging big data strategy experts such as CenturyLink, can help kick start or take your IT transformation initiatives to the next level too. Hybrid IT vendors can provide the expertise to manage the complexity of the systems and develop flexible and scalable IT solutions to match the organization's needs. For organizations that are lacking the key IT personnel to manage the initiatives, we can provide managed hosting solutions that allow organizations to outsource their IT management personnel and allow them to focus on their businesses' core initiatives.
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