CIOs face a slew of challenges as a result of big data-Challenges

CIOs face a slew of challenges as a result of big data-Challenges

One of the things that distinguish having the CIO position now from having the job in the past, apart from the increasing recognition of the significance of information technology, is the introduction of so-called "big data." We're talking about terabytes or even petabytes of data, as well as all of the problems that come with managing such a large amount of data. As CIO, it is your responsibility to figure out what to do with all of this data. However, since this has never been done before, what precisely should you be doing is up in the air.

Why Big Data Is Such a Problem?

Large data collections are accompanied by enormous headaches. If there is so much demand for contemporary CIOs to be more creative, you would think that having access to more data would give them the raw material they need to find the breakthroughs that the business is searching for. However, this is not the case. In certain instances, this is not the case, though.

Large data sets may be very complex, and it is easy for a CIO to get bogged down in the mechanics of managing them. Solving difficulties related to data collection and storage, as well as dealing with concerns related to where and how the data will be stored, may easily consume a CIO's whole day. What you should be doing, on the other hand, is collaborating with the rest of the IT department to figure out how to convert all of that data into business insights as quickly as the market will allow.

The issue that the rest of the business will be looking to the CIO to solve is how to extract the greatest amount of value from a big data collection that has been stored. One method is to adopt information technology and big data solutions that will enable you to produce the analytical analysis of your data that will provide the rest of the business a competitive edge, thus increasing your chances of success. The actual reason for doing this is that it will be something that your competitors will not be able to replicate or duplicate shortly.

This is not going to be a simple task to do. Instead of being expected to do a specific task, CIOs are being requested to engage in business improvement. According to Gartner, an IT research organization, 85 percent of all Fortune 500 companies would be unable to properly leverage big data sets for competitive advantage by 2022, according to their predictions.

To accomplish digital transformation, CIOs are increasingly focusing on using big data analytics as part of their strategic strategy. In this section, we'll go through a few use examples where Big Data Analytics was used and the results were nothing short of transformative.

Forecast Examination and Business Optimization 

Massive amounts of raw data, whether organized or unstructured, may be gathered by businesses from a variety of different sources. Customers' behavior and machine faults may be predicted using big data predictive models and machine learning technologies, which are becoming more popular. Because of this, companies may improve their strategies by providing a discount, other promotional offers, or even suggesting alternative goods for customers to consider purchasing. Additionally, they may do predictive maintenance on equipment to ensure that it does not fail.

Getting a better understanding of your consumers

By understanding their consumers' thinking processes and comments in advance, big data analysis allows companies to identify and recognize their customers more effectively. Companies may adjust their business strategies as a result. Furthermore, companies may reduce the number of complaints they get and resolve disputes before they cause consumers to become dissatisfied. Several big data analytic technologies are available on the market that predicts depressive emotions, allowing companies to act on them as soon as they occur to mitigate their effects.

Improved understanding results in an improved strategy

Nowadays, all kinds of data are being poured into every available space. There are many different types of social media platforms such as social media platforms like Facebook and Twitter; cell phones and sensors; websites; search engines; gadgets; messages; movies; and much more! When these data are analyzed, they may provide valuable insights into an individual's habits and behaviors. Furthermore, many departments maintain this kind of information, yet each department is unaware of the facts of the other departments. 

Big data analysis may offer deeper insight from various data sources in a unique manner that is more useful in establishing the overall strategy. Big data analysis is becoming more popular.

Decision Making that is both faster and better

Organizations are looking for ways to make better choices more quickly and efficiently using big data. It is considered very essential by human resource experts when choosing and recruiting individuals. Every day, companies such as Google, Facebook, Amazon, and others collect massive amounts of consumer data. This enables them to read the thoughts of their consumers and make choices regarding sales, purchases, and marketing their goods.

To summarize

CIOs should use the power of organizational data in every area of their company in order to identify possible growth drivers. Using Big Data Analytics consulting and development, companies may become more data-driven, enabling them to achieve their strategic business objectives as they embark on their digital transformation journeys.

Similar Articles

Advanced Data Privacy Solutions

Healthcare organizations collect and store an immense amount of data. The data is essential for doctors to make informed decisions about patient care. However, the sensitive nature of this data requires healthcare organizations to protect it from unauthorized access and data breaches.

Python Django Development

Every firm nowadays is establishing its presence in the digital sector to grow internationally. As many might know in the technological environment, web development is essential for success. 

computer virus removal

A computer virus is a program that is loaded in a system without the knowledge of the user. This virus is not formed naturally but it is induced by people. After entering your system, it gets attached to another program and as the host starts working, the virus starts functioning. 


Looking to buy the gaming chair? You’re standing at the right place. The gaming chair offers an immersive media X-perience as they generally put you closer to the TV and therefore closer to the action.


We all know that World Wide Web applications for various services have gained customers' assurance over the years. Terrabytes of data are packed and shared across websites as people imagine the transactions are securely checked.


If you love computers, mobiles, smart watches, various gadgets and above all, the internet, let me inform you that they all run on programming languages. A programming language is nothing but the vocabulary and a set of grammatical rules created to instruct a device or computer to perform a specific task. 

Mobile app testing

We all know that there's a growing need for professional software testers. Having an increasing focus on applications designed for iOS apparatus, Android and Windows Mobile devices, app testing experts come in good demand.


Software selection: In general, it is better to have more than less choice. This applies particularly to the business world in the context of a call for tenders or a pre-purchase comparison. Enterprise software is a costly purchase over several years and having the right solution for your business needs is crucial.

What Is Malware? Key Cybersecurity Concepts You Need to Know

CyberSecurity protects programmers and prevents them from re-hacking data in the future. With these cybersecurity services, you do not have to worry about the data and there is no compelling reason to maintain the reinforcement after the standard time interval.