12 Top Big Data Analytics Players (click image for larger view and for slideshow) Virtualization and the server consolidation that it delivers will be the top priority for chief information officers in 2012, according to a survey by the research firm IDC. Savings from server consolidation will be invested in new IT initiatives such as cloud computing, mobility, data analytics, and use of social media for business purposes. When CIOs were asked by IDC to name their top three IT priorities for this year, nearly 40 percent of them picked virtualization and server consolidation, more than any other area of IT.
by Mark Polly on February 7th, 2012
The amount of data in our world has been exploding, and analyzing large data sets—so-called big data—will become a key basis of competition, underpinning new waves of productivity growth, innovation, and consumer surplus, according to research by MGI and McKinsey's Business Technology Office. Leaders in every sector will have to grapple with the implications of big data, not just a few data-oriented managers. The increasing volume and detail of information captured by enterprises, the rise of multimedia, social media, and the Internet of Things will fuel exponential growth in data for the foreseeable future. MGI studied big data in five domains—healthcare in the United States, the public sector in Europe, retail in the United States, and manufacturing and personal-location data globally. Big data can generate value in each. For example, a retailer using big data to the full could increase its operating margin by more than 60 percent.