We estimate that data equity was worth £25.1 billion to UK private and public sector businesses in 2011. Increasing adoption of big data analytics technologies will result in bigger gains, and we expect these to reach £40.7 billion on an annual basis by 2017. Download for free, the Centre of Economic Business Research report today.
In the study, we investigated how UK organisations can unlock the economic value of big data through the adoption of big data analytics. By using big data analytics solutions, and specifically high-performance analytics, businesses and governments can analyse huge amounts of data in seconds and minutes to reveal previously unseen patterns, sentiments and customer intelligence. This speed and accuracy of insight, delivered across any device including smart phones and tablets, means organisations can make better, faster decisions.
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