Some 57% of Irish businesses are confident they could fully recover all their data should a system failure or system downtime occur. Furthermore, 41% of Irish businesses believe that Big Data technology will prove vital in identifying and protecting against cyberattacks, according to the results of a survey by EMC coinciding with its EMC Forum event being held in Dublin today.
A total of 145 businesses including IT management and executives, technical architects, data scientists and storage/infrastructure managers from a range of businesses in Ireland who registered to attend the Forum were polled.
Opinions as to the most successful areas of application of Big Data varied, with less than half (41%) of respondents agreeing it would prove vital in identifying and protecting against cyberattacks.
Over three quarters (79%) of respondents in Ireland said decisions in their organisation could be improved with a better use of data, and 40% said their senior teams trusted Big Data insights to make truly transformative business decisions.
A quarter said they achieved a competitive advantage as a result of Big Data analytics technology and 45% said they agreed that industries that succeed will be the same ones using such tools.
However, in Ireland a third of companies surveyed have no current plans for implementing Big Data technology, with budget (67%) was the most common reason cited as the inhibitor to Big Data adoption, followed by the lack of a business case or return on investment (58%).
In a related point, over three quarters (77%) believed it will be a challenge to have skills keep pace with IT innovation over the next three years. Barely half (51%) of respondents in Ireland believed their organisation has the right level of skills and knowledge to complete business priorities successfully.
Jason Ward, director for EMC Ireland, Scotland and UK North, said: “This research shows that companies in Ireland are increasingly seeing the transformative benefits that are achievable with Big Data analytics technology. Many businesses are aware of the huge competitive advantages the technology brings, particularly in protecting their key business assets against sophisticated cyberattacks.
“However, with only 57% of Irish businesses saying they are confident that their business data is safe should they experience system downtime or system failure, the need to adopt new Big Data technologies to protect their business is urgent. This is a core part of IT transformation, a process which Irish businesses are underway with. The majority of businesses in the region have already set out to virtualise and create cloud-enabled businesses and even more incredibly, some have created a fully software defined infrastructure. This approach, combined with Big Data analytics will see the agility and competitiveness of Irish businesses increase massively.”
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