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White Paper
Table of Contents
Executive Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Perceptions of Risk and Reward in Big Data . . . . . . . . . . . . . . . . . . . . 2 A Bullish Approach to Big Data Opportunities. . . . . . . . . . . . . . . . . . . 4 Reduce Big Data Costs by Up to 2x or More . . . . . . . . . . . . . . . . . . . . 5 Minimize Big Data Risk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Innovate with Big Data Up to 3x Faster . . . . . . . . . . . . . . . . . . . . . . . . 7 Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
The Safe On-Ramp to Big Data: Lower Costs, Minimize Risk, and Innovate Faster with a Proven Approach to Big Data
Executive Summary
Risk: Its the enemy of IT projects. Big data can make risk seem even bigger. Emerging big data technologies coupled with huge spikes in data volumes, velocity, and variety put risk squarely in the spotlight, raising difficult questions of risk and reward. IT and business managers wary of spiraling costs and busted deadlines with conventional IT projects can be even more apprehensive about putting organizational resources and their own career track on the line without a proven path to big data value. And indeed the risk in big data projects can be substantial, both in terms of project missteps if not the dreaded epic fail, as well as lost opportunities to deliver business value and competitive advantage. Big data risk and cost can be minimized with the right approach and proven technology to address the bulk of big data workintegrating disparate and complex information from a growing array of sources. This white paper examines the risk and reward of big data and highlights how leading organizations are utilizing Informatica technology as a safe on-ramp to big data that reduces risk and cost while speeding insights and innovation.
Informatica, Balancing Opportunity and Risk in Big Data: A Survey of Enterprise Priorities and Strategies for Harnessing Big Data, May 2012.
As shown in Figure 1, other key challenges cited by respondents including lack of support for real-time data and concerns over poor data quality, security, and privacy. The survey also reveals perceptions of risk in the limited availability of skilled developers to manage big data, and in potentially difficult and time-consuming development in Hadoop, NoSQL, and other new technologies.
Figure 1: What key challenges do you face or foresee in managing big data?
The Safe On-Ramp to Big Data: Lower Costs, Minimize Risk, and Innovate Faster with a Proven Approach to Big Data
The Safe On-Ramp to Big Data: Lower Costs, Minimize Risk, and Innovate Faster with a Proven Approach to Big Data
Through 2015, more than 85 percent of Fortune 500 organizations will fail to effectively exploit big data for competitive advantage.
Gartner
Gartner, Information Economics, Big Data and the Art of the Possible with Analytics, webinar, September 2012.
Sean Kandel, Andreas Paepcke, Joseph M. Hellerstein, Jeffrey Heer, Enterprise Data Analysis and Visualization: An Interview Study, October 2012. Gartner, Getting Value from Big Data, webinar, May 2012.
The Safe On-Ramp to Big Data: Lower Costs, Minimize Risk, and Innovate Faster with a Proven Approach to Big Data 7
Generate insights faster with collaboration, prototyping, and rapid development. Rolebased data profiling, quality, and integration tools with business user self-service provide a collaborative environment that narrows the gap between business and IT and accelerates insights. Project delivery times can be shortened with Informaticas no-code development environment and rapid prototyping of data pipelines that can be automatically deployed through business-friendly views for end-user validation. Informaticas metadata business glossary renders technical metadata in semantic terms to enable business analysts to catalog, govern, and utilize big data consistently and efficiently and adapt rapidly to changes in the data and business environment. Operationalize big data insights to drive new revenue and cut costs. As a cross-enterprise platform suited for operational data integration, Informatica allows organizations to deliver any data anywhere, anytime, from any source, to support embedded analytics across diverse business areas driving new revenue and reducing operational costs. High availability and unlimited scalability helps ensure timely delivery of hundreds of terabytes of information.
Conclusion
Big data will only get bigger, and so will the stakes for your organization to cost-effectively manage its growth and derive business value from a growing array of sources. Instead of a wait-and-see approach, leading Informatica customers are innovating today with lowrisk, high-reward big data projects that target explicit business pains and opportunities and establish repeatable processes and best practices for future deployments. The Informatica Platform supplies proven, industry-leading technology to support a start small, think big approach that minimizes risk and cost while positioning your organization to reap rewards from big data for years to come.
About Informatica
Informatica Corporation (NASDAQ: INFA) is the worlds number one independent provider of data integration software. Organizations around the world rely on Informatica for maximizing return on data to drive their top business imperatives. Worldwide, over 4,630 enterprises depend on Informatica to fully leverage their information assets residing onpremise, in the Cloud and across social networks.
The Safe On-Ramp to Big Data: Lower Costs, Minimize Risk, and Innovate Faster with a Proven Approach to Big Data
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