Small and Midsize Companies Look to Make Big Gains With "Big Data," According to Recent Poll Conducted on Behalf of SAP Findings by Harris Interactive Poll Show Cloud Strategies and Instant Access to Data via Mobile are Must-Haves to Stay Competitive With "Big Data" PR Newswire WALLDORF, Germany, June 26, 2012 WALLDORF, Germany, June 26, 2012 /PRNewswire/ --Small and midsize enterprises (SMEs) are realizing the competitive advantages of using and managing "big data" faster than their larger competitors, according to a recent online poll conducted by Harris Interactive on behalf of SAP AG (NYSE: SAP). The survey was conducted within the U.S. between April 10-23, 2012, among 154 C-suite executives at international companies across a range of industries. Additional findings of the survey show that only 25 percent of respondents agree on a similar definition of big data; however, nearly 76 percent viewed big data as an opportunity. (Logo: http://photos.prnewswire.com/prnh/20110126/AQ34470LOGO) Across the survey, definitions of big data varied widely, with 28 percent defining it as the massive growth in transaction data. Twenty-four percent described it as new technologies that address the volume, variety and velocity challenges of big data; 19 percent said big data refers to requirements to store and archive data for regulatory compliance; and 18 percent saw big data as the rise in new data sources, such as social media, mobile device and machine-generated devices. While the study showed diverse definitions of what big data is, SMEs are more readily identifying its benefits. More than 60 percent of the respondents manage companies with US$500 million or less in annual revenue. Top competitive advantages gained by using big data include more efficient business operations (59 percent); boosting sales (54 percent); lowering IT costs (50 percent); becoming more agile (48 percent); and attracting and retaining customers (46 percent). In large part because of these advantages, 70 percent of those surveyed said they would expect a return on their big data investments within one year. "Every company should be thinking about their big data strategy whether they are big or small," said Steve Lucas, executive vice president and general manager, Database & Technology, SAP. "Big data is the unprecedented growth and convergence of social, device, equipment and corporate data. There is an incredible amount of noise being created and without a strategy, companies will get lost in the noise. Big data is instant access to data and with instant insight, companies can be agile, act on emerging trends, engage with their customer base and also expose potential risks." Expansion in Cloud Strategies Cloud technologies will likely play a role in managing big data. A majority (64 percent) of the executives polled by Harris Interactive said their companies use cloud technology to some extent. Of that, 38 percent said their companies use only cloud technology to store and manage big data, 27 percent cited private clouds or off-premise server farms and 11 percent said they store big data in a public cloud. More than a quarter (26 percent) said their companies use a hybrid of data warehousing and cloud technologies. One-third of the C-suite executives surveyed said they only use a data warehouse solution. Importance of Instant Access Sales of tablet computers this year are projected to almost double, to 118.9 million units, according to a recent study by Gartner Research.(1) According to Gartner, enterprises will either purchase many of those tablets themselves or allow employees to access company information from their personal mobile devices. As enterprise computing goes mobile, so too will big data analysis and visualization. When asked to describe the importance of instant access to big data from their mobile computers, 90 percent of the Harris executive respondents called it somewhat important — of which 57 percent deemed instant access either absolutely essential or very important. Industries that place instant access at or near the top of their wish list include aerospace and defense, automotive, banking, chemicals, defense and security, and engineering and construction. Such timeliness is key. "Collecting and analyzing the data is not enough — it must be presented in a timely fashion so that decisions are made as a direct consequence that have a material impact on the productivity, profitability or efficiency of the organization," Gartner wrote in its November 2011 report, "Top Predictions for IT Organizations and Users for 2012 and Beyond: Control Slips Away." Methodology This survey was conducted online within the United States by Harris Interactive on behalf of SAP between April 10-23, 2012, among 154 C-suite executives at multinational companies across a range of industries, including aerospace and defense, automotive, banking, chemicals, consumer products, engineering and construction, healthcare, high tech, insurance, manufacturing and professional services. No estimates of theoretical sampling error can be calculated; a full methodology is available. For more information, visit the SAP Newsroom. (1) Forecast: Media Tablets by Operating System, Worldwide, 2010-2016, 1Q12 Update. About SAP As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 190,000 customers (includes customers from the acquisition of SuccessFactors) to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. © 2012 by SAP AG. All rights reserved. SAP and the SAP logo are registered trademarks of SAP AG in Germany and other countries. Business Objects and the Business Objects logo are trademarks or registered trademarks of Business Objects Software Ltd. Business Objects is an SAP company. Sybase and the Sybase logo are registered trademarks of Sybase Inc. Sybase is an SAP company. Crossgate is a registered trademark of Crossgate AG in Germany and other countries. Crossgate is an SAP company. Follow SAP on Twitter at @sapnews. For customers interested in learning more about SAP products: Global Customer Center: +49 180 534-34-24 United States Only: 1 (800) 872-1SAP (1-800-872-1727) For more information, press only: Samantha Finnegan, +1 (650) 276-9350, firstname.lastname@example.org, PDT Jeff Neal, +1 (925) 236-5035, email@example.com, PDT SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EDT; firstname.lastname@example.org Ryan Wallace, Bite Communications, (917) 442-2305, PDT SOURCE SAP AG Website: http://www.sap.com
Small and Midsize Companies Look to Make Big Gains With "Big Data," According to Recent Poll Conducted on Behalf of SAP
Press spacebar to pause and continue. Press esc to stop.