Big hopes for big data, survey says

FREE

Become An Insider

Sign up now and get free access to hundreds of Insider articles, guides, reviews, interviews, blogs, and other premium content from the best tech brands on the Internet: CIO, CITEworld, CSO, Computerworld, InfoWorld, ITworld and Network World. Learn more.

Exclusive research from IDG Enterprise

For companies drowning in data, extracting value from all this information is a major IT priority. But success depends on how well customers tackle significant organizational challenges.

A majority of companies have either deployed big data projects -- designed to generate more value from large volumes and a wide variety of enterprise data --or expect to eventually do so. This is according to a July 2012 survey of 1,428 visitors to CIO, Computerworld, CSO, InfoWorld, Network World and ITworld websites.

Among those with plans for big data, 54% say these projects are critical or a high priority. It's no wonder why: On average, respondents expect the amount of data they are managing to nearly double within the next year to 18 months, from 194 terabytes to 297 terabytes. Today, 19% of large enterprises -- companies with $1 billion or more in annual revenues -- manage more than 1 petabyte of data; by late 2013, some 31% expect to crack the petabyte threshold.

To continue reading, please begin the free registration process or sign in to your Insider account by entering your email address:
FREE Computerworld Insider Guide: IT Certification Study Tips
Editors' Picks
Join the discussion
Be the first to comment on this article. Our Commenting Policies