Turning Big Data Into Smart Data

The numbers are staggering. According to the 2013 Teradata-Driven Marketing Survey, 71% of marketing professionals plan to pursue big data deployment in the next two years.  Source: The Data-Driven Marketing Opportunity.

Big Data is Not Just for IT anymore: Don’t buy into the myth that Big Data has no place in PR. Teradata took the pulse of 2,220 marketing professionals to get a better sense of how companies are integrating so-called big data into their marketing wheelhouse. Here are some of the results from the survey:

• 50% of marketers said that marketing and IT are not strategic partners in their company.

• 45% of the respondents agree that data is the most underused assets in the marketing organization.

• 42% of the respondents said that a lack of process is the top obstacle to using data in decision making.

• Less than 10% of companies use the data they currently have access to in a systematic, strategic way.

Below are some helpful tips, per Teradata, on how to get your hands around big data.

Left Hand Side - data driven tips

UPPER RIGHT - Common Myths Marketers Believe

LOWER RIGHT- 3 Big Data Steps