By 2015, it is expected that more than 85 percent of fortune of 500 organizations will fail to effectively exploit big data for competitive advantage, the former Registrar of the Computer Professional Registration Council of Nigeria, Prof Adenike Oshofisan has predicted.
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Prof. Oshofisan stated this in her address last week in Kwara State at the induction ceremony for 2012/2013 conputer science graduates, the Computer, Library and Science Department of the Kwara State University, Malete, Ilorin conducted by CPN.
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According to her, big data will be the next
frontier for innovation, production and competition, saying that the use of big data will become a key basis of competition and growth for individual firms.
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The former CPN boss who spoke on a number of emerging technologies including cloud computing, social networks, mobile devices, cyber attacks and big date said that current trends in smart devices and growing internet connectivity were creating increases in the volume of data available.