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Why CIOs Aren’t Prepared for Big Data

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As companies scale their use of big data, the move brings a lot of questions. Does it require new architecture? Does it require new platforms? The Wall Street Journal’s Jay Greene discussed the topic with Richard Sherlund, managing director and chairman, software investment banking, at Barclays. The discussion covered everything from going beyond big data that looks to the past to newer applications that will be able to learn and make predictions.

Edited excerpts follow.

MR. GREENE: You have this idea that we are at the precipice of a big change in the way systems architecture is set up and that many CIOs are unprepared.

MR. SHERLUND: I think the Internet of Things has enabled industrial companies to start thinking about the need to move to big data.

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