It should be no surprise that experts predict continued growth in the volume, variety, and velocity of data. It is a little more startling that there are still a large number of companies that have yet to harness the opportunities this data provides. According to the inside BIGDATA article, there are five reasons why this is still the case:
Speedbumps at the start of the big data journey
Delays due to decision-making around technology tools
Issues with configuring the data science team
Problems with data quality and complexity
Lack of focus on decision-making
Sure, implementing a comprehensive analytics initiative is risky. It requires technology and business resources that are not readily available to most companies. Starting out is daunting and the challenge is real, but with data science and analytics as a service, there are plenty of options. At Actus Data, we embrace this challenge. As data experts who understand business, we deliver comprehensive solutions that address both sides of the equation. Bottom line – there is no reason for businesses to let fear of failure prevent them from using data to drive value.
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