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The Deciding Factor: Big Data & Decision Making

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This study by Capgemini and the Economist Intelligence Unit report is based on surveys and interviews with over 600 C-level executives, senior management and IT leaders worldwide

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It concludes that Big Data has improved businesses' performance, on average, by 26 per cent and that the impact will grow to 41 per cent over the next 3 years.

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Main findings:

  • The majority of companies (58 per cent) claim they will make a bigger investment in Big Data over the next three years.
  • Two-thirds of executives consider their organizations are ���data-driven���
  • Over half (54 per cent) say that management decisions based purely on intuition or experience are increasingly regarded as suspect
  • The majority of executives (58 per cent) rely on unstructured data analysis including text, voice messages, images and video content.��
  • Although 42 per cent of executives say that data analysis has slowed down decision-making, the vast majority (85 per cent) believe that the growing volume of data isn���t the main challenge, but rather being able to analyse and act on it in real-time.
  • As organizations increasingly look to the output from analytics to automate decision making, data quality is seen as a major hurdle

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Click on the button below to download the full report

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With around 120,000 people in 40 countries, Capgemini is one of the world's foremost providers of consulting, technology and outsourcing services.

Vendor:
ComputerWeekly.com
Posted:
Feb 8, 2021
Published:
Jun 26, 2012
Format:
PDF
Type:
Essential Guide

This resource is no longer available.