Big data: All hype and no investment?
Although there's lots of talk surrounding the use of big data it seems that in many cases that's all it is and that companies aren't actually following through on deployments.
This is among the findings of a new report from Dimensional Research commissioned by data warehousing specialist Snowflake Computing which shows that whilst 91 percent of respondents have considered investments in big data, only 5 percent have actually put any investment into a deployment, and only 11 percent had a pilot in place.
Although Hadoop is cited as being the answer to big data worries it seems it may also be a roadblock. More than 70 percent of respondents say a lack of expertise is a major concern about using the open source framework. Only 12 percent of respondents say they have easy access to Hadoop expertise. These numbers are far lower at companies with 1000 or less employees, where only 5 percent say they have easy access to Hadoop expertise.
Other highlights are that 96 percent say Hadoop won't replace their existing data warehouse, 99 percent of respondents say their data warehouse is important to business operations, and 70 percent are increasing their investment in data warehousing.
Cloud-based data warehousing is seen as desirable with 93 percent seeing value in its potential benefits, particularly scalability and reduced overhead. 32 percent already have a cloud-based data warehouse and 16 percent exclusively use data warehousing in the cloud. Of those with data in the cloud 79 percent bring it into their data warehouse, although only 9 percent bring all their data in.
The report is based on a survey of 319 individuals with responsibility for data initiatives, you can find out more and download a copy on the Snowflake website.