Big Data in 2014

We’re one month into 2014, and many enterprises we work with are now moving full speed ahead to shift their Big Data projects for this year from the planning and proposal stage to actual execution. For the past few years, Big Data has generated an increasing amount of discussion in board rooms, blogs and the IT press. Rightfully so, too. Big Data holds the promise to unlock valuable new insights that can help drive customer sales and grow the bottom line. However, many organizations still struggle with two practical Big Data problems which are budget- busting burdens. Dolphin CEO Werner Hopf predicts that in 2014, more enterprises will move to implement Data Volume Management strategies to control spiraling Total Cost of Ownership associated with storing massive amounts of data in ERP systems such as SAP. Additionally, he says fewer CFOs now view optimizing business processes such as accounts payable and accounts receivable as an operational expense, but instead see it as an opportunity to unlock newfound process savings and further optimize cash flow. To learn more about these predictions, and the other Big Data trends to watch in 2014, we encourage you to read Werner’s contributed article “3 Tech Trends for 2014” which was recently published on TechTarget.com’s IT Knowledge Exchange.

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Big Data in 2014

We’re one month into 2014, and many enterprises we work with are now moving full speed ahead to shift their Big Data projects for this year from the planning and proposal stage to actual execution. For the past few years, Big Data has generated an increasing amount of discussion in board rooms, blogs and the IT press. Rightfully so, too. Big Data holds the promise to unlock valuable new insights that can help drive customer sales and grow the bottom line.

However, many organizations still struggle with two practical Big Data problems which are budget- busting burdens. Dolphin CEO Werner Hopf predicts that in 2014, more enterprises will move to implement Data Volume Management strategies to control spiraling Total Cost of Ownership associated with storing massive amounts of data in ERP systems such as SAP. Additionally, he says fewer CFOs now view optimizing business processes such as accounts payable and accounts receivable as an operational expense, but instead see it as an opportunity to unlock newfound process savings and further optimize cash flow.

To learn more about these predictions, and the other Big Data trends to watch in 2014, we encourage you to read Werner’s contributed article “3 Tech Trends for 2014” which was recently published on TechTarget.com’s IT Knowledge Exchange.