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A survey of big data use in large and medium Ecuadorian companies

Abstract:

Big data has become a subject of great interest among a variety of organizations, both from the scientific and business sectors. In this line, it is important to know the focus of attention that companies have on big data. This paper presents a study conducted in Ecuador about big data initiatives among large and medium companies. Results indicate that companies do not have a clear understanding of the implications of big data for their own benefits. Also, higher interest on big data initiatives comes from the private rather than the public sector. And, companies have a preference for contracting big data services from third-parties instead of hiring specialized personnel.