{"id":13865,"date":"2019-10-15T06:33:54","date_gmt":"2019-10-15T06:33:54","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=13865"},"modified":"2019-10-15T06:33:54","modified_gmt":"2019-10-15T06:33:54","slug":"big-data-s-big-budgets","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/big-data-s-big-budgets\/","title":{"rendered":"Big Data\u2019s big budgets"},"content":{"rendered":"<p>A recent survey has shown that more than half (55.4%) of Russian companies have a dedicated budget for implementing Big Data analytic solutions. These budgets account from anywhere between 5\u201310% (and sometimes more) of a company\u2019s annual budget and can amount to as much as RUB 10 million. Moreover, some companies are planning to expand such projects and increase Big Data budgets over the next year or two. Such Big Data investments are also spurring investments in other, related technologies such as machine learning and artificial intelligence, which have already helped companies increase revenue by a total of approximately RUB 30 billion. With the value of such investments paying off in as little a year, expect to see a massive spike in Big Data and Big Data-related investments in coming years.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-13865 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Russian bank  \u201c\u041e\u0442\u043a\u0440\u044b\u0442\u0438\u0435\u201d to use facial biometrics analysis in its branches'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/russian-bank-otkrytie-to-use-facial-biometrics-analysis-in-its-branches\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/01\/Biometric-Identification-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-6949\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-6949'>\n\t\t\t\tRussian bank  \u201c\u041e\u0442\u043a\u0440\u044b\u0442\u0438\u0435\u201d to use facial biometrics analysis in its branches\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Key security questions in an open banking ecosystem'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/key-security-questions-in-an-open-banking-ecosystem\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/06\/key-security-questions-in-an-open-banking-ecosystem-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13059\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13059'>\n\t\t\t\tKey security questions in an open banking ecosystem\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='What China can teach the world about digital transformation'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/what-china-can-teach-the-world-about-digital-transformation\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/12\/1016-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-14253\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-14253'>\n\t\t\t\tWhat China can teach the world about digital transformation\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>A recent survey has shown that more than half (55.4%) of Russian companies have a dedicated budget for implementing Big Data analytic solutions. These budgets account from anywhere between 5\u201310% (and sometimes more) of a company\u2019s annual budget and can amount to as much as RUB 10 million. Moreover, some companies are planning to expand &hellip;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,12],"tags":[197],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13865"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=13865"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13865\/revisions"}],"predecessor-version":[{"id":13866,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13865\/revisions\/13866"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=13865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=13865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=13865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}