07 Jun Big Data can bring big confusion
Without a custom database software system, businesses attempting to manage a large amount of information could have difficulty. In the age of Big Data, it is becoming more imperative for companies to have strong, reliable options in which to process mass quantities of data.
This is where tools like FileMaker development can come into play, ensuring that organizations across numerous industries are able to successfully handle all necessary information.
According to research and analyst firm Gartner, business-intelligence spending has decreased over the years because more companies are confused by Big Data.
"Business intelligence managed to grow by a reasonable seven percent in 2012, despite difficult macro conditions, being on the tail of a spending cycle, and confusion related to emerging technology terms causing a hold on purse strings," Dan Sommer, principal research analyst at Gartner, said in a statement.
Sommer added that even though cloud-based buying accounts for a smaller portion of the business-intelligence market, it is still having substantial growth.
Specifically, Gartner found that the growth in investment in business intelligence, corporate performance management and analytics apps fell back to 6.8 percent for 2012 over the previous year. This is in stark contrast to the 17 percent growth between 2011 and 2012.
Overall, business intelligence spending for 2012 reached $13.1 billion, compared to the $12.3 billion for 2011.
Back in February, Gartner vice president and distinguished analyst Debra Logan had similar things to say about Big Data and its future. According to Logan, many organizations are just in the exploratory phases of crunching large amounts of information, and that it's a necessity for these firms to get the right tools and expertise on hand to help them through the changes.