Global IT consultancy Capgemini, have released details from a global survey on the employment of Big Data, which revealed that nine out of ten business leaders believe data is now as fundamental to business as land, labour and capital.

Capgemini have found that Big Data has allowed businesses to increase performance by as much as 26 percent on average, with a predicted rise of 41 percent over the next 3 years.

The survey also found that business leaders believed that a lack of skilled data analysts and analytic software were proving an obstacle to employing data-drive decision making.