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How to build a Successful Big Data Analytics Proof-of-Concept

This article is sponsored by CloudMoyo – Partner of choice for solutions at the intersection of Cloud & Analytics.

For all kinds of organizations, whether large multi-national enterprises or small businesses, developing a big data strategy is a difficult and time-consuming exercise. In fact, big data projects can take up to 18 months to finish. While a few within an organization may be very well aware of what Big Data is and what the possibilities of Big Data are, not everyone else, including the decision-makers, are aware of this. Developing a proof of concept (PoC) is a right approach to begin with and develop a business case. This can help organizations to answer questions like where to start, departments to be involved, functional areas to be addressed, and what will be the return on the required investment. All of these aspects should be involved in your big data business case.

Buying Business Intelligence (BI) and Analytics solutions has modified dramatically within the past few years with the advent of emerging technologies and the ever increasing sources of data. Historically, vendors didn’t supply a Proof-Of-Concept (POC) stage throughout the buying process and if a vendor did provide one, it’d typically take months to line up and costed a fortune to launch.

Once the context is set, it is important to create the right objectives of the Proof of Concept. A Proof of Concept is not just about financial objectives, but also about the learning experience for the organisation. Big Data requires a different way of working and a different culture. It not only involves new hardware and software to use, but access to real-time insights in whats happening within an organisation. Over-confidence can backfire when the Proof of Concept does not achieve its set objectives and you cannot move ahead with more Big Data projects. For the buyer, the misalignment of interests often results in a disappointing PoC and a high cost. To avoid this, here are tips that will put you on the right track of conducting a successful Big Data Proof of Concept–

What Components Should You Consider in Your Big Data PoC?

CloudMoyo has delivered successful Business Intelligence & Analytics projects for its clients across multiple industries such as healthcare, transportation, pharma, retail. A lot of this success can be attributed to a thorough assessment of client landscape followed by a proof of concept on real live client data. Most of these clients were able to pursue their big data projects after a successful PoC. With its expertise in deploying cloud based analytical solutions, CloudMoyo is the right partner for you to engage for your Big Data proof of concept. Book your free Big Data assessment now!

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