Dive Brief:
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Investments in Big Data are expected to increase over the next three years, according to a new report from Capgemini.
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64% of companies believe that Big Data is changing traditional business boundaries.
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Profiting from Big Data is as much about organizational integration, change and evolution as it is about the underlying technology, says the report.
Dive Insight:
A new report from Capgemini finds that, while Big Data is a challenge for many organizations, a majority of IT leaders believe in its value. As a result, investments in Big Data are expected to increase over the next three years.
“While some organizations are using Big Data to reduce cost and improve existing performance, others are using it to drive into new markets and ultimately to monetize data in its own right," said John Brahim, head of the global practice for Capgemini Insights and Data.
However, according to the report, a shortage of data analysts is a growing problem, and may keep some IT and business leaders from using Big Data to drive critical decisions in a timely manner.