Capgemini reports on Big Data
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Capgemini has announced the findings of a global survey into the use of Big Data in corporate decision-making. The Economist Intelligence Unit report "The Deciding Factor: Big Data & Decision making", commissioned by Capgemini, reveals that nine out of ten business leaders believe that data is now the fourth factor of production, as fundamental to business as land, labour and capital. The study among over 600 C-level executives and senior management and IT leaders worldwide indicates that the use of 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 three years. The majority of companies (58 per cent) claim that they will make a bigger investment in Big Data over the next three years. Two-thirds of executives consider their organizations are “data-driven”, reporting that data collection and analysis underpins their firm's busine...