yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Computing
Conference & Expo
November 2-4, 2009 NYC
Register Today and SAVE !..

2008 West
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
Red Hat
The Opening of Virtualization
User Environment Management – The Third Layer of the Desktop
Cloud Computing for Business Agility
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Return on Assests: Bringing Visibility to your SOA Strategy
Managing Hybrid Endpoint Environments
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
How Can AJAX Improve Homeland Security?
Beyond Widgets: What a RIA Platform Should Offer
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
Big Data and the Growth of Business | @CloudExpo #BigData #Analytics #DX
Report says more than half of businesses say their data and analytics are not being fully utilized

Big Data has become a fairly common term used across industries. It refers to large, complex volumes of data that are generated from multiple sources. According to a new report by SNS Research, Big Data is now a $57 billion market, and it is predicted that investments in the sector are expected to grow by 10 percent over the next four years, reaching $76 billion by the end of 2020.

As exabytes of data are created every day, businesses are sitting on large quantities of information generated by channels such as social media platforms and mobile payment apps.

The concept of Big Data has been around for years and growing numbers of organizations are recognizing the value that can be found in Big Data and analytics. As a result, there is an increasing number of business leaders waking up to the fact that being able to store, access and transform business data is one thing, but if a company does not have employees armed with the skills required to deal with the business intelligence gathered, the return on any investment made has the likely potential to fall far short of expectations.

If managed correctly, data can be used to make smarter business moves, drive more efficient operations and keep customers happy. In turn, this all helps increase profits. As the role of data evolves, more businesses need technology to organize and analyze their data.

Despite the growing awareness of the importance of Big Data, figures show that only 41 percent of business leaders surveyed globally believe their data and analytics systems are being fully utilized, meaning that a significant number of organizations are not doing enough to get the most out of any data collected.

For these reasons, many companies are looking to work with IT solutions partners in order to adopt the latest technology and modernize their information security frameworks. It is predicted that the world data analytics outsourcing market will be worth $US5.9 billion by 2020[1]. Businesses realize that by partnering with specialists, they gain access to wider technical skills. They are also better able to measure customer needs and satisfaction through analytics that can empower businesses to give customers what they want. This can mean the creation of new products and customer-driven services based on reliable data, which can ultimately help businesses thrive in an increasingly competitive landscape. However, Big Data requires new technology, and organizations without strong data focused leadership will fall behind their competitors.

Businesses that invest in the right partnerships will be able to capitalize on the opportunities made available by Big Data analytics, ensuring robust future growth and a marketplace dominated by global companies with big budgets. According to the Peer - Research Big Data Analytics Survey, Big Data enables organizations to improve decision-making, relationships with customers and financial performance[2].

It is important to remember that Big Data isn't just for big businesses. While small-to-medium sized organizations are not churning out nearly as much data as larger enterprises, sifting through that data to extract meaningful insights can be a powerful competitive advantage, nonetheless.

Business leaders need to understand that the best-informed decisions are made when data is involved and is accessible to the majority. Big Data can be broken down, deconstructed, and analyzed in the best way for your company. Business targets can be better met with data analysis and organization tools, so long as they fully understand the benefits of the technology. It's key that business leaders take the time to get to grips with Big Data analysis, and see how it could improve any and all aspects of your business, including quality as well as customer support and services.

Analytics technology enables businesses to gather data from a huge number of sources while reducing the risk of siloing valuable information. For example, data can be used to analyze where ideal customers reside in, how much they spend on average, and what time of day they shop. This enables businesses to provide coupons or discounts to key individuals to strengthen their loyalty. These can also help in targeting other members of the group who may not be a part of your current client base.

For small and medium-sized businesses, venturing into the world of Big Data can be daunting, and a common concern that senior management face is if they are collecting too much data. Ultimately, there's a significant difference between Big Data and "lots of data." This concern is put to rest for businesses that partner with specialists who take the task to manage and evaluate the data to derive compelling insights for businesses to utilize and make informed decisions.

While we live in a world of growing data abundance, and the ability to store and analyze data can be daunting, it is essential to take into consideration the advantages that Big Data can have for businesses. At its core, the collected data sets can enable organisations to identify trends, patterns and gain a competitive advantage. Predictive analytics allows organisations to gather intelligence on customer spending and behaviour to better understand customers preferences and provide more customer centric interactions.

Big Data has varying levels of importance to different businesses, but what is common, is the fact that data will allow better insight and enable companies to make fact-based decisions and better manage both performance and risks. Ultimately, if utilized correctly, it will allow organizations to make better informed decisions and guarantee growth in an increasingly competitive market.

About Frank Lupo
Frank Lupo is a Big Data Solution Architect at Micro Strategies. He is an industry veteran with over 25 years in the enterprise data management field, He has focused on architecting “big data” solutions that quickly demonstrate value and solves clients’ immediate tactical goals and long term strategies.

In order to post a comment you need to be registered and logged in.

Register | Sign-in

Reader Feedback: Page 1 of 1

SOA World Latest Stories
There is a huge demand for responsive, real-time mobile and web experiences, but current architectural patterns do not easily accommodate applications that respond to events in real time. Common solutions using message queues or HTTP long-polling quickly lead to resiliency, scalability...
"We started a Master of Science in business analytics - that's the hot topic. We serve the business community around San Francisco so we educate the working professionals and this is where they all want to be," explained Judy Lee, Associate Professor and Department Chair at Golden Gate...
We call it DevOps but much of the time there’s a lot more discussion about the needs and concerns of developers than there is about other groups. There’s a focus on improved and less isolated developer workflows. There are many discussions around collaboration, continuous integration a...
The dynamic nature of the cloud means that change is a constant when it comes to modern cloud-based infrastructure. Delivering modern applications to end users, therefore, is a constantly shifting challenge. Delivery automation helps IT Ops teams ensure that apps are providing an optim...
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is founda...
"CA has been doing a lot of things in the area of DevOps. Now we have a complete set of tool sets in order to enable customers to go all the way from planning to development to testing down to release into the operations," explained Aruna Ravichandran, Vice President of Global Marketin...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)!

Advertise on this site! Contact advertising(at)! 201 802-3021

SYS-CON Featured Whitepapers