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November 2014

Polish banking, energy and public services weigh up benefits of big data applications

For companies and institutions in Poland, big data is primarily a buzzword, a topic of discussion and in the sphere of planning. But banks have gone a stage further in starting to use big data technologies. Some 36% of companies in Poland believe the analysis of large datasets can improve management decision-making processes, according to an EMC study, which polled 256 managers responsible for making decisions in IT matters, technical architects, data analysts and administrators of storage systems and infrastructure. However, 43% of the companies surveyed do not plan to implement systems to analyse large datasets. Why? The most important factors while making business IT decisions are budgetary considerations, reported 78% of respondents. The biggest obstacle for deploying big data analytics systems is a lack of convincing business arguments for such actions: 45% indicate return of investment as uncertain for big data; and 69% said their companies already have the knowledge and IT tools for their business objectives and do not ...

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