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Showing posts with the label big data trends

Increase Revenue by 25% or More by Using Big Data

Hitachi Data Systems Corporation (HDS), a wholly owned subsidiary of Hitachi, Ltd, announced research results revealing that almost half of the firms surveyed in Asia Pacific believe that big data can improve revenue by 25% or more, with HDS projecting a potential US$250 billion revenue increase among the more than 500 companies surveyed. However, more than half of firms have made little or no progress in their big data strategies.
Executives at HDS believe it is essential for business executives to adopt a new approach where they think of “data as a capital asset” and to define a holistic big data strategy that will deliver insights and intelligence. This change in focus will enable organizations to innovate with information and generate incremental income.