Organizations today operate in environments that are highly complex and changing at an increasing rate. Managers and employees must quickly synthesize vast amounts of information about how they are being supplied to, and react to rapid changes in a hyper-competitive global environment. To be successful, they need highly functional and flexible software as well as a data infrastructure as a service that enables trustworthy data to be organized for better business intelligence.
A large corporation that fully understands its suppliers and the parts used by their many disparate departments globally can save as much as $100 million annually, and in some cases more.
Today, 85% of Fortune 500 organizations are still unable to exploit big data for competitive advantage. Smart companies will seize the opportunity to figure out how to control and master this data to increase profits.