Navigating the data journey

Common characteristics of the Deloitte Best Managed Companies are nimbleness and a strong data analytics ability

Richard Howard, partner, Deloitte’s TMT Industry Group Picture: Maura Hickey

Big data and data analytics are two corporate buzzwords doing the rounds at present. With an estimated spend of €120 billion in 2016, rising to an anticipated €185 billion by 2020, it’s big business. As of today, five of the ten largest companies globally play in the big data and analytics space.

Looking at the fastest growing companies – the Airbnbs, Ubers and, closer to home, companies like eShopWorld, Fenergo and Clavis – ...