Big Data's Holy Grail: Better, Faster Decisions
Smart companies are cashing into early opportunities to improve decision-making -- increasing the speed at which diverse information sets can be analyzed to derive critical insights.
In late 2012, NewVantage Partners conducted a big data survey of c-level business and technology executives from 50 Fortune 1000 companies. The survey concentrates on financial services firms with a history of heavy data and analytics usage. Participants include Bank of America, JP Morgan, Wells Fargo Bank, American Express, Fidelity Investments, as well as non-financial firms such as General Electric, and government agencies such as the Department of Defense, among others.
One of the primary findings of the survey is that large organizations are looking to use advanced analytics and big data to make "better, fact-based decisions." Read full story on InformationWeek
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