Health care is one area where a big data expert sees potential for ROI
Getting return on your big data investment faces two big challenges: Most big data projects fail (according to a InfoChimps survey, 55 per cent); and companies aren’t sure where to look for big data ROI.
According to a recent Tata Consulting Services survey, ROI can be found in numerous corners of a multinational company, with benefits in information about customer value, product quality and campaign and inventory management. But companies are looking for big numbers from logistics and finance; marketing ranked last among the business functions tracked.
Think Big Analytics CEO Ron Bodking tells ComputerWorld that two fields in particular have potential for big data ROI. The so-called “Internet of Things” will provide data collected from a host of connected mobile and machine devices, which can be used to improve sales and decision-making. On the health care front, data processing is becoming a core part of the way physicians treat patients.
Stock exchange lowers latency and increases availability with HP
This case study provides an overview of why the National Stock Exchange turned to HP to meet specific needs for a next-generation server and storage infrastructure with high availability and ultra-low latency to support online transaction processing and data warehouse solutions.