While most organizations are laying out their big data investment strategy, 15% are still trying to figure out what big data actually means

Mo Data stashed this in Big Data Hype Cycle

http://techcrunch.com/2013/09/23/64-of-organizations-have-invested-in-or-plan-to-invest-in-big-data-tech-but-only-8-have-started-using-it-says-gartner/#!

While most organizations are laying out their big data investment strategy, 15% of Gartner’s respondents are still trying to figure out what big data actually means, which is not shocking considering how broad and complex the term is.

Big data is expected to drive $34 billion of IT spending in 2013, but though organizations areintrigued by the promises of big data solutions, most are still trying to figure out how the technology fits into their strategy.

“For big data, 2013 is the year of experimentation and early deployment. Adoption is still at the early stages with less than 8% of all respondents indicating their organization has deployed big data solutions. 20% are piloting and experimenting, 18% are developing a strategy, 19% are knowledge gathering, while the remainder have no plans or don’t know,” said Gartner research vice president Frank Buytendijk in a statement.

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While most organizations are laying out their big data investment strategy, 15% of Gartner’s respondents are still trying to figure out what big data actually means, which is not shocking considering <a rel="nofollow" target="_blank" href="http://techcrunch.com/2013/02/28/the-5-commandments-of-data-and-why-analytics-efforts-are-still-a-big-old-mess/">how broad and complex the term is</a>.

Big data is expected to <a rel="nofollow" target="_blank" href="http://www.gartner.com/newsroom/id/2200815">drive $34 billion of IT spending in 2013</a>, but though organizations are<a rel="nofollow" target="_blank" href="http://techcrunch.com/2013/03/25/keen-on-so-whats-the-big-deal-about-big-data-tctv/">intrigued by the promises of big data solutions</a>, most are still trying to figure out how the technology fits into their strategy.

“For big data, 2013 is the year of experimentation and early deployment. Adoption is still at the early stages with less than 8% of all respondents indicating their organization has deployed big data solutions. 20% are piloting and experimenting, 18% are developing a strategy, 19% are knowledge gathering, while the remainder have no plans or don’t know,” said Gartner research vice president Frank Buytendijk in a statement.