In this video, Bill Schmarzo, discusses the Big Data Business Model Maturity Index, a tool that helps organisations understand how well they have adopted big data and what they need to do to achieve the ultimate phase of a data-driven, information-centric organisation. He discusses five different phases that your organisation can be at from the standard traditional business monitoring phase where business intelligence tools provide insights about what happened to a business metamorphosis phase, where your organisation allows others (3rd parties, customers, etc) to make money of your data environment. Developing a winning big data strategy is not an easy task and it big data projects typically take 18 months to finish, this model therefore gives great insights to help your organisation where you are know and what you need to achieve to move to the next phase.
How Well Has Your Organisation Adopted Big Data: The Big Data Business Model Maturity Index
