Connecting to LinkedIn...



Big data – creating a culture of analytics and business intelligence

30/09/2014 by


Organisations around the world are currently attempting to transform their business strategies by capitalising on the recent explosion of big data. There are over 2.5 quintillion bytes of data created through social media, pictures and other activities on a daily basis. This offers huge potential to firms that can gain valuable knowledge from it. Analytics, business intelligence and finding meaningful patterns in that mass of data is now an essential business strategy in 2014, with predictions and insights already leading to a greater acuity and focus among leading organisations.

The sharp rise in interest in analytics is being felt across all industries. A new report from Bain & Company shows that software and internet-related companies are set to spend almost $3 billion on big data through 2015, with financial services more than doubling that amount. That figure is set to rise by an estimated thirty per cent year on year, with those companies likely to witness annual growth of up to fifty per cent by 2020.

Companies in the geotech and biotech industries are also spending big, as predicting and improving business performance provides them with a substantial edge over their competitors. Companies that use cloud, mobile and social business intelligence are more likely to post better financial reports, make the right decisions “much faster” and to execute them perfectly.

Making sense of big data is especially important in biotechnology, where being pro-active, anticipating future developments and making strategic decisions is as vital to success as successful patents and breakthroughs in the laboratory. CEOs in this industry and those in sectors such as information security and IT recruitment are also adding to the value of BI and analytic operations by collaborating across the business and focusing on team building, rather than on technology alone. Creating a culture rooted in differentiated analytics enables a company to drive profitability, fuel innovation and increase their operational effectiveness.

Analytics will continue to provide companies with exciting new potential and challenges during the next decade, and it is likely that organisations that embrace new practices will thrive and achieve significant results while laggards will falter. This lends itself to the migration of IT to cloud-based solutions as businesses look to every avenue to reduce their time to market, cut overheads, to improve customer relations and increase final product quality. Business intelligence, such as ERP and CRM, will no longer be consigned to silos and must be used interchangeably to unlock competitive advantage.

This article was written by Colin McGill - Consultant - BI, Data and Analytics, for more information please contact Colin on: +44 (0)20 7014 0230 or send an email to

Montash is a multi-award winning, global technology recruitment firm. Specialising in permanent and contract positions across mid-senior appointments which cover a wide range of industry sectors and IT functions, including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Energy Technologies, Demand IT and Business Engagement, Digital and E-commerce, Infrastructure and Service Delivery, Project and Programme Delivery.

With offices based in London, Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid-management in permanent and contract roles.

comments powered by Disqus

Social Stream

Latest News


What Does A Snap Election Mean For Recruitment?

2017-04-25 08:00:00 +0100

On Tuesday 18th April, Prime Minister Theresa May called a snap general election for 8th June, taking the nation by surprise. Rather than waiting until 2020, voters will now be casting their ballots in a matter of weeks. The hope for the government is that a Tory victory give the prime minister a strong mandate in parliament as Brexit negotiations begin. This sudden decision has been embraced by many in the recruitment industry due to the anticipated st...


Evolve or Die: The Importance of Being Agile

2017-04-19 18:00:00 +0100

In the high-speed world of IT, agility is essential if you want to stay on top. Over the last 20 years, Montash Managing Director Roy Dungworth has experienced many changes in the industry. But two things never change - the need for business agility and the importance of people. Roy shares his insights after two decades in the industry. The pace of the IT industry increases every year. The way people buy or consume information today is having an enormou...