The proliferation of next-generation technologies in the enterprise has sped up the business world. Companies today are moving faster than ever.
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The big data phenomenon is undoubtedly sweeping through the private sector with a relentless force, encouraging large enterprises and small companies alike to embrace the movement in an effort to stay competitive with rival organizations and relevant to consumers.
The big data phenomenon has quickly spread throughout the business world, allowing organizations of all sizes to capture, analyze and use more innovative resources to their advantage. In doing so, companies can find new ways to reduce costs, improve operations and augment customer service practices.
Information represents the building blocks of enterprise development, as only companies with the appropriate knowledge will be able to adapt and evolve. For this reason, organizations around the world are implementing big data projects.
Businesses are hungrier than ever for more data to make decisions. End users need to quickly make accurate decisions and they have limited tolerance for data that isn’t up- to-date. Pundits tout the benefits of Big Data, but most ignore how to move huge volumes of information into analytics and business intelligence (BI) systems. This is the Achilles’ heel of Big Data.