Big Data Will Become Mainstream in 2014, According to IDG Enterprise Big Data Research

IDG Enterprise Big Data ResearchThe 2014 IDG Enterprise Big Data research study was just announced.  The purpose of the study is to gain a better understanding of organizations’ big data initiatives, investments, and strategies.  In 2014 enterprises are expected to spend an average of $8 million on big data-related initiatives, according to IDG.  751 respondents from CIO, Computerworld, CSO, InfoWorld, ITworld, and Network World were interviewed for the survey.

Some of the key findings include:

* 70% of enterprises have already deployed or expect to deploy big data-related projects.

* 74% predict that big data will be in mainstream use in at least one business unit or department in 2014.

* The top four categories driving investment in big data initiatives are: improving the quality of the decision-making process (59%), increasing the speed of decision-making (53%), improving planning and forecasting (47%), and developing new products/services and revenue streams (47%).

More key findings from the 2014 IDG Enterprise Big Data research report can be found here: