87% of Businesses in the UAE Say Big Data Will Lead to Better Decision Making
EMC Corporation released the findings of a survey that asked 237 IT decision makers in the United Arab Emirates (UAE) for their perspective on the challenges and opportunities that Big Data and IT transformation and related skills can present to their companies. The key findings reveal that in the UAE, Big Data is giving rise to markedly improved decision making and is having a significant impact on companies’ competitive differentiation and ability to avert risk. 87% of respondents in the UAE reported that decisions in their organization could be improved with a better use of data, and 67% agree that their senior teams trust Big Data insights to make truly transformative business decisions.
“This is a core part of IT transformation, a process which UAE businesses are well underway with. The majority of businesses in the region have already set out to virtualize 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 UAE businesses increase massively,” said Akar, District Manager South Gulf, EMC
However, in the UAE, 27% of companies surveyed have no current plans for implementing Big Data technology while budget (64%) was the most important factor for overall business decision making, the most common reason cited as the inhibitor to Big Data adoption was the lack of a clear business case or proven ROI (57%). Samir Mardini, Head of Talent Consulting MENA, Aon Hewitt Middle East said, “To cater to the increasing demand for a qualified pool of local resources in the country, the UAE continues to witness an increased focus on skills and development through strategic alliances and partnerships between industry leaders and academia, to introduce the student body to technologies like cloud computing, virtualization and big data to create a qualified workforce capable of leading the future of the country and sustaining its growth for years to come.”