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Big Data Analytics Challenges

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Big Data Analytics Challenges

Companies can’t take advantage of data

An estimated

Fortune

85%of companies fail to exploit data as a competitive advantage.

Big Data Analytics Challenges

CIOs doubt their internal capabilities

A Bain & Company survey of 325 global companies found that

believe they lack the capabilities to generate meaningful insights from their data.

59%

forbes.com

Big Data Analytics Challenges

Big Data Projects Don’t Have A Tangible ROI

Investments are up, but companies planning to invest in big data within the next two years have fallen

Gartner

from 31%

to 25%

in 2016

Big Data Analytics Challenges

Business Leaders Don’t Trust Big Data

1 in 3 business leaders don’t trust the information they use to make

decisions

ForbesIBM Big Data

84% CEOs surveyed by KPMG are concerned about the quality of

data they base their decisions on

Big Data Analytics Challenges

Data Quality is Poor

Poor data quality costs the US economy around$3.1 trillion a year

IBM Big Data

Big Data Analytics Challenges

High cost of bad data

Organisations surveyed by Gartner reveal that poor quality data costs

them on an average

Gartner

$14.2 million annually

Big Data Analytics Challenges

Unstructured data is on the rise

of generated data is unstructured comprising of tweets, photos, customer purchase histories and customer service calls

IBM Big Data

90%

Big Data Analytics Challenges

Managing external data is a critical challenge

of data today lives outside a relational database and managing it is becoming increasingly critical for businesses

Over 80%

Fortune

Big Data Analytics Challenges

Data scientists are expensive to hire

The median salary of a Data Scientistis more than $116,000

Glass Door

Big Data Analytics Challenges

Data preparation stops data scientists from being productive

They spend 80% of their time on preparing and managing data for analysis

What’s The Big DataDatamanaging

Analysis

Big Data Analytics Challenges

Fortunately, MoData has overcome these challenges

MoData is a plug and play solution that requires zero coding skills

Insights are generated from structured as well as unstructured Data

Intelligent algorithms connect disparate sources for 360 degrees visibility

MoData’s Easy to use dashboards puts the business user in charge

Architected by IT veterans, MoData is a state of the art BI tool

Thank You!

Visit us at www.mo-data.com to learn more about us