Developing “actionable” insights about how to organize and derrive insights into the reams of Big Data
generated at companies is a resounding theme in the many Big Data studies published in
2013 and 2014. It’s the logical next step to blindly gathering stockpiles of data
across business enterprises.
The No. 1 strategy made in response to Big Data
collection is to increase the capacity of hardware or personnel in order to
analyse Big Data (47 percent), according to KPMG’s “Going Beyond the Data:
Achieving Actionable Insights with Data and Analytics.”
The survey of CFOs and
CIOs also found that attaining management buy-in for Big Data collection (39
percent) and honing the parameters of data collection (27 percent) were top Big
Data strategies.
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