Kyvos Insights finds that only 25 percent of organizations have derived significant value from their investments in big data, 70 percent consider business intelligence the most important big data use case
LOS GATOS, Calif. â€“ Kyvos Insights, a big data analytics company, today shared the results of a recent survey of information technology (IT) professionals at enterprises in the U.S. that explores their thoughts on, and experiences with, big data and business intelligence (BI) on big data adoption. The findings will also be discussed in a webinar, “How to Bring BI Into the Big Data World,” with business intelligence and data expert Claudia Imhoff of the Boulder BI Braintrust on Friday, May 25, 2018 at 10 a.m. Pacific time / 1 p.m. Eastern time.
“This survey reveals that most organizations have yet to derive the value they expected from their investments in big data infrastructure,” said Ajay Anand, vice president of products at Kyvos Insights and a co-presenter of the webinar. “Despite the fact that business intelligence (BI) is the most important use case for big data, even fewer are effectively using it to uncover actionable insights within the information they’ve gathered.”
When it comes to putting big data to work and justifying investments in the required infrastructure, respondents overwhelmingly pointed to the effectiveness of BI on big data efforts as the deciding factor. Seventy percent indicated that BI is the most important use case for big data, but only four percent indicated that they have managed to bring BI on big data to the core of their business processes. Only 25 percent feel they are deriving substantial value from their big data investments.
“For most enterprises, BI is what ultimately enables them to use their data to make better decisions, work in new ways, and act with a new understanding of their worlds,” said Imhoff. “That’s why it’s crucial that enterprises bring BI into the big data world to ensure access to ALL data.”
Participants in the survey, conducted throughout the spring of 2018, included individuals from 300 companies – among them BI analysts, CTOs, data architects, data scientists, developers, directors and other IT professionals. Additional findings from the survey include:
“The real revolution, when big data lives up to the hype, will occur when organizations deploy self-service BI on big data using solutions that are intuitive enough for business users to master and deliver interactive response times on massive datasets for thousands of concurrent users,” added Anand. “Those solutions are available now.”
The webinar, “How to Bring BI Into the Big Data World,” will provide developers, data scientists, IT professionals and business leaders with further insight into these survey results. Attendees will also learn about a new BI technology built to handle big data queries with superior levels of scalability, performance and support for concurrent users. To register visit: https://www.brighttalk.com/service/player/en-US/theme/default/channel/15933/webcast/307805/play?showChannelList=false
Kyvos Insights is committed to unlocking the power of big data analytics with its unique â€śOLAP on Hadoopâ€ť technology. Backed by years of analytics expertise and a passion for big data, the company aims to revolutionize big data analytics by providing business users with the ability to visualize, explore and analyze big data interactively, working directly on Hadoop. Headquartered in Los Gatos, California, Kyvos Insights was formed by a team of veterans from Yahoo!, Impetus and Intellicus Technologies. The company has partnered with companies including Cloudera, Hortonworks, MapR and Tableau. For more information, visit a www.kyvosinsights.com or connect with us on Twitter and LinkedIn.