A recent international study into the value of corporate big data projects has revealed that companies making the most progress with operationalising their data are those with a well-structured governance and fully engaged leadership team.
The Big Data Payoff report, conducted by Informatica and Capgemini surveyed over 200 senior IT and data management executives in Europe and the US across consumer goods; retail, wholesale and logistics; utilities and telecoms industries.
It showed that currently only one-third (27%) of Big Data projects are profitable, with the majority of organizations still having significant work to do in order to make the most of their investment. A key indicator of Big Data profitability is business ownership: COOs and CDOs are more than twice as likely to be running profitable Big Data projects than CIOs.
Capgemini recently announced a new industrialized software framework called Leap Data Transformation Framework built by Capgemini on top of Cloudera’s Enterprise platform. The first transformation projects utilizing Capgemini’s Leap Data Transformation Framework delivered jointly in the public sector by Capgemini and Cloudera have already shown more than 30% efficiencies in scope reduction, build efforts and testing.
Leap Data Transformation Framework promises customers a new approach to data warehouse and BI transformations, decreasing risks of such complex projects with a modular but industrialized approach. With this framework, Cloudera and Capgemini jointly deliver big data transformation in a more cost efficient manner, guaranteeing business value.
We recently spoke to Lee Brown, Head of Big Data Analytics UK at Capgemini to discuss the Big Data Payoff results and the Leap Data Transformation Framework.
Download the full Big Data Payoff report