Businesses today are moving from descriptive statistics and business analytics dashboards, to analysing vast quantities of structured and unstructured data, predicting outcomes before they arise, automating processes and guiding decision making in real time. This process drives optimized business models and competitive advantage. While most Australian businesses are sitting on a goldmine of data, they are often unable to unlock it’s true potential. A recent survey found only 13% of enterprises highly confident in an ability to deliver this key capability.*
Disparate islands of data have lead some enterprises to attempt expensive on premise big data and analytics projects, many of which have failed. Talent shortages in Data, Artificial Intelligence and Security set against intense peak processing demand and plethora of tools available have contributed to these failures. Resulting architectures are often unable to deliver a data-native capability to the organisation, and in many cases the organisation is not ready to build on this.