21 percent of respondents have implemented Big Data technologies, while 42 percent plan to invest in Big Data technologies in the next 12 months, said a Qlik survey.
The Qlik survey was among 350 executives based in Mumbai and New Delhi.
Indian companies are adopting Big Data technologies in order to improve productivity across their organizations; improve understanding of customers, their needs, and purchase patterns and increase business revenues and profitability.
The biggest Big Data challenge that they face is accessing and analyzing large volumes of data to discover new insights, followed by managing the growing variety of data.
Richard de Souza, vice president Corporate IT, head Business Solutions, Mahindra Group, said: “IT departments have already started investing in enterprise data warehouses and legacy solutions; however very soon they will be focusing on investing in the right solutions to analyze Big Data.”
“It’s not enough we invest in just any solutions and platforms, but look for the right solutions that can be used by our users across verticals and sectors,” he added.