No more hype: 74 percent of execs say Big Data demands “serious attention”

Big Data has officially gone mainstream, with senior executives at U.S. firms projecting much higher spending on collecting and analyzing high-tech information over the next three years.

In addition, companies are increasingly hiring chief data officers to oversee their Big Data projects, according to a new survey. These are the findings of NewVantage Partner’s newly released Big Data Executive Survey 2014, which says organizations spending at least $10 million on Big Data expect to increase this investment by between 35 and 75 percent in the next four years.

Author: Mike Wheatley

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