big & fast data: the rise of insight-driven business - germany
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Big & Fast Data: The Rise of Insight-Driven Business
Capgemini viewGermany has a natural tendency to follow new trends rather than leading them, and this pattern looks set to influence the way it adopts the business opportunities supported by big data.
Such demand as there is currently comes mainly from IT, but that seems likely to change. Businesses are feeling an increasingly urgent need to adopt new business models supported by big data, and this will inevitably lead to faster take-up. Companies with a data-driven business model are already moving to third platform approaches. This move is often accompanied by adoption of Infrastructure- and Platform-as-a-Service to capture additional benefits, for example those of the cloud.
Industries that are traditionally strong in Germany, such as automotive and manufacturing, are noticeably picking up speed in the big data area. We are seeing emerging demand around the Internet of Things and Industry 4.0, rooted in the countrys strong engineering culture. The automotive industry, with its concept of connected cars, could emerge as a leader in this arena.
Businesses are feeling an increasingly urgent need to adopt new business models supported by big data
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Perception of big data as a disruptor Germany may be underestimating the threat of external competition, like other advanced industrialized nations. A much lower proportion of German respondents than the global average felt that their organizations had experienced disruption in the past three years from start-ups or newly created companies (8% versus 20% average), and the proportion anticipating such disruption in future was also relatively low. In general, Germans were much less likely than those in BRIC countries to see big data as an actual or potential disruptor.
Awareness of big data opportunitiesSome sectors do seem highly aware of the opportunities, and if these demonstrate success as a result of big data adoption, others may follow, but overall it is a mixed picture.
In common with most European respondents, German respondents were less likely to agree strongly with statements about the importance of big data to organizations than those in the US, Brazil and China. Germans were less likely than average to agree strongly that data was a source of business opportunities, though many acknowledged that decision-makers increasingly require data in real-time.
Implementation approach Around 58% of respondents said they had implemented or were implementing big data technology or would do so in the next 12 months compared with an average of 71%. German companies appeared to lag behind France and the UK (both of whom had 68% of respondents in these categories) here, as well as behind newer economies. Respondents were particularly likely to say that their big data agenda is driven by IT, with business strategy a poor second.
58% of respondents said they had implemented or were implementing big data technology or would do so in the next 12 months compared with an average of 71%.