Long before the term ‘big’ was first applied to data, organizations were struggling to make sense of all the information they had. Over the past 5 years, that focus on data has started to shift. To gain a more concrete understanding of the opportunities and challenges that data and analytics (D&A) presents, KPMG International commissioned FT Remark to survey 144 CFOs and CIOs from major corporations around the world (those with more than US$1 billion in annual turnover).

by KPMG on Feb 06, 2014

Category: Digital Media, Think Tank

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One Response to “2014: Going Beyond the Data”

  1. Neildsmith says:

    I’m an engineer and have worked in manufacturing for the last 25 years. You’d think that with all the automation we’d have great insights into the processes we manage. Sadly, we have a hard time convincing management to invest in these data analysis systems. To generate data you need sensors that collect that data. Then you need the tools to manage, analyze, and present the data in a format that allows you to draw conclusions. This… is very difficult for many processes. I doubt these companies really have the ability to use all their data in any meaningful way. It’s very expensive to have people combing through it all trying to “connect the dots”. The NSA can’t really pull it off. Neither, I suspect, will the vast majority of companies selling goods and services. The IT and management consultants will, in the meantime, make lots to money getting people to buy their crappy software and expertise.