Big Data Technology and Decision Making

Over 10,700 seniors of business and IT industries from over 50 different countries, including Israel, participated in survey by EMC on the adoption of Big Data technology. The survey indicates that a correct use of Big Data leads to better business results

Big Data Technology and Decision Making

EMC publishes the results of an international survey, which deals with the challenges and opportunities posed to organizations by Big Data technology. Big Data technology enables to dramatically improve the decision making process, and it substantially affects the competitive differentiation of companies and their ability to avert risks.

The survey included the participation of over 10,700 seniors of business and IT industries from over 50 different countries, including Israel. The survey sheds a light on the issues of adoption of Big Data in Israel, andattitudes of the Israeli IT leaders regarding it, today and in the future.

● 79% of the respondents worldwide estimated that the use of Big Data technology leads to a better decision-making process, compared to 83% of the respondents in Israel.

● 52% of survey respondents in Israel believe that Big Data Israel will be a major factor in the determination of who will be the "winners and and losers" in their industry, compared to 58% worldwide.

● 44% survey respondents from Israel had already achieved with a competitive advantage with the help of Big Data- based technology, compared to 36% in the rest of the world.

● 56% of survey participants worldwide agree that Big Data technology to prove itself as a key tool in identifying and protecting against online attacks, compared to 60% in Israel.

● Only 19 % of survey participants responded from Israel said they are not planning to implement Big Data technology as to now, compared to 29% from other countries.

● 76 % of respondents in Israel, as in the rest of the world, believe that investing in technology is a strategic way to meet the business objectives of the organization.

● 61 % of respondents in Israel, compared to 66 % worldwide, believe they have the level of skill and knowledge necessary to meet their business objectives successfully.

● 75 % of respondents fear that the rapid innovation pace of the global IT industry would make it difficult to maintain the organization's skill level in the next three years, while in Israel - 70 % feel that way.

● 68 % of respondents worldwide, and 67 % in Israel, believe that the IT layout in their organization is prepared to deal with most of the business requirements, and that at this stage the main barrier is cultural.