Big data means many things to many people, but how broad is its impact? Consider these figures on big data and the gurus who splice it.
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How much data is ignored?
Most companies estimate they're analyzing a mere 12% of the data they have, according to a recent study by Forrester Research. Is this good or bad? Well, these firms might be missing out on data-driven insights hidden inside the 88% of data they're ignoring. Or perhaps they're wisely avoiding a resource-gobbling, boil-the-ocean strategy. A lack of analytics tools and "repressive" data silos are two reasons companies ignore a vast majority of their own data, says Forrester, as well as the simple fact that often it's hard to know which information is valuable and which is best left ignored.
6 Tools to Protect Big DataMost IT teams have their conventional databases covered in terms of security and business continuity. But as we enter the era of big data, Hadoop, and NoSQL, protection schemes need to evolve. In fact, big data could drive the next big security strategy shift.
Big Data Brings Big Security ProblemsWhy should big data be more difficult to secure? In a word, variety. But the business won’t wait to use it to predict customer behavior, find correlations across disparate data sources, predict fraud or financial risk, and more.
Top IT Trends to Watch in Financial ServicesIT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
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