{"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='Blockchain technology can rewrite the mortgage process in Russia'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/blockchain-technology-can-rewrite-the-mortgage-process-in-russia\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/09\/blockchain-technology-can-rewrite-the-mortgage-process-in-russia-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-10824\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-10824'>\n\t\t\t\tBlockchain technology can rewrite the mortgage process in Russia\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Bank of Russia plans to introduce common payment space in the EEU'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/bank-of-russia-plans-to-introduce-common-payment-space-in-the-eeu\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/05\/the-human-hand-presses-the-button-on-head-up-display_1441-966-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-9600\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-9600'>\n\t\t\t\tBank of Russia plans to introduce common payment space in the EEU\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Infographic: data and data science'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/infographic-data-and-data-science\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/10\/659f77e194ecbc21ff6c013981a9db16-1-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-13778\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13778'>\n\t\t\t\tInfographic: data and data science\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],"class_list":["post-13865","post","type-post","status-publish","format-standard","","category-fintech","category-russia-fintech","tag-data","b_post_type-regional-fintech-news"],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13865","targetHints":{"allow":["GET"]}}],"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}]}}