Are you kicking yourself because you missed out on the opportunity to learn how to turn Big Data into big dollars for your enterprise? Fear not; the latest Enterprise Open Cloud Forum roundtable recording is available for you to download here! Below you have access to the presentation slides, a quick recap of content and the mp3 audio download (download the mp3) so you can listen on your own time.
What’s coming up?
Each month Rackspace Advisory Services hosts a panel of cloud computing experts in the Enterprise Open Cloud Forum. It’s an hour-long virtual roundtable with a rotation of different industry experts who discuss a variety of cloud related topics. Each discussion is followed by 30 minutes of open Q & A.
Ring in the New Year with me, Lisa Larson, and join our next roundtable on January 9th, 2013. I’ll address the No. 1 misstep enterprises make in cloud adoption: treating cloud computing like a technology, rather than adopting cloud as a new business model. Join me and Rackspace Senior Strategist Anand Bhadouria with our guest Steve Mills, Rackspace CIO, as we discuss the importance of transforming the business of IT in the enterprise. Steve will share how he is creating a self-service organization and meeting the increasing demand for IT services. Register today to be one of 50 limited participants and be prepared to change the way you think about the business of IT!
Turning Big Data into Big Dollars: December 12th Presentation Recap
Hosts: Brian Jawalka and Anand Bhadouria, Rackspace Senior Strategists
Big Data is the flood of digital information streaming in through everything from social media to embedded sensors. It’s too big to handle with traditional tools, and is growing at the astounding rate of 40 percent to 60 percent a year.
Any enterprise can benefit from Big Data. In fact, research shows that a typical Fortune 1000 company that uses data only 10 percent more effectively can generate $2 billion in added revenue. In the consumer space, retailers can increase margins by 60 percent. The U.S. healthcare system can save a shocking $200 billion a year. With existing competitors and new startups jostling for position, every enterprise must pay attention to Big Data.
But there are big challenges, including incompatibilities with existing infrastructure, high capital expenses and the threat of vendor lock-in. Further compounding the challenge, the strategic skills needed to use Big Data are in short supply.
To generate cost-effective results from Big Data, enterprises need to look beyond on-premises IT to cloud computing. The cloud is perfectly suited to Big Data with massive storage, elastic expandability and pay-as-you-go billing. Instead of maintaining your own costly infrastructure, cloud computing allows you to pay just for what you use when you need it.
Enterprises can save time and trouble when developing their Big Data solution by working with a proven technology partner. Rackspace is an ideal technology partner with a broad portfolio of offerings; open source software for building public and private clouds; and a stellar reputation for professional services. (download the mp3)