Key Insights:

  • 85% available organizational data Accounts for Unstructured DATA
  • 40% Growth in data volume is expected on a global scale, compounding to 50 times its present size by 2020 – [credits : aureus analytics]
  • 40 Zettabytes of unstructured data would reside by the year 2020 – [credits : IDC]
  • 41% performance improvement is possible through key big data insights – [credits: Capgemini survey]

The Primary Impediment – a cost effective solution to collect and store data is still missing, hence unstructured data is sometimes discarded

The Current Business Need – Business must overcome barriers and integrate unstructured data into their information architecture to gain access to actionable data insights

Organizations’ Limitless Unstructured Data Space:

  • Tweets, Facebook Posts, Blog Posts & Comments
  • Processing Documents Text or Pdf Files
  • Data Collected through Sensors
  • Email Conversations
  • Images, Photographs, Audio Files or Video Footage
  • Compressed Files, RSS Feeds and TCP/IP Packets
  • Product Description or Customer Contact Information

Why Unstructured Data is a Challenge for Most Organizations’ Information Strategies?

  • Difficult to achieve accuracy of data
  • Difficult to correlate with structured content
  • Difficult to interpret and automate
  • Difficult to manage multiple sources & formats

Available Technology Platforms for a Successful Information Strategy:

  • Text Mining
  • Artificial Intelligence
  • Natural Language Processing
  • Machine Learning
  • Sentiment Analysis
  • Cognitive Technology
  • High Performance Computing

Key Findings:

  • Embracing unstructured data into the core of your information strategy, can mean a definitive organizational success
  • Making data-driven decisions is certainly the next–gen approach to an exceptional organizational performance
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