Sumerian today stated that many companies are missing out on the true value of big data analytics. In response, Sumerian has provided expert insight into how companies can use analytics to capitalise on their big data in 2012. Big data analytics helps firms gain intelligence from their large data sets to increase operational efficiency, improve business performance and gain a competitive advantage in the market. “Large companies with complex IT environments often don’t realise that they are sitting on a wealth of untapped data,” said Sumerian CEO Bryan Clark. “Most systems store copious records on everything they do, but these logs are only rarely mined for actionable intelligence. Big data analytics can help firms bring these disparate sets of data together, connect the dots and provide a new level of insight that can map straight to the business’ bottom line.”
Companies have long used analytics to enhance certain business processes, such as sales and marketing, but they are only now beginning to understand the value that big data analytics can bring to IT departments. Large enterprises can use analytics to better align and optimise their IT environments, improving critical processes and bringing added value to the business. Sumerian offers the following advice on how companies can apply analytics to their big data sets to reduce IT costs, enable growth and deliver optimal service levels based on business needs:
“While analytics won’t address every challenge that IT organisations are facing, it can certainly help CIOs better understand complex operating relationships on a large scale,” commented Clark. “On a business level, analytics helps large companies lower their costs without compromising their ability to deliver strong business returns. The bottom line is companies that successfully mine the value of their data will ultimately do better.”
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