Gartners definition of big data dates back from 2001, when Doug Laney the 7 Vs) that are important for organizations to take into account when developing a big data strategy. However, the original definition of big data suggests that organisations can only develop a big data strategy if they have vast volumes, terabytes or more, of data. IDC even defines big data projects as … [Read more...] about How Small Data Can Also Be Big Data
big data strategy
Seven Myths About Big Data
It may be clear that there is enough information to be found on the web regarding big data. Everyone has a different explanation of big data and what it can mean for organisations. With so much information around big data to be found, it is easy to become confused and to read the wrong information. So lets dispel some of the most common big data myths and big data … [Read more...] about Seven Myths About Big Data
What Are The Questions To Ask When Developing A Big Data Strategy?
A recent story on InformationWeek shows how two CEOs can view the same company so completely different. Both CEOs used big data analytics to help them in defining the right strategy for the company. The first CEO was fired after 17 months on the job and responsible for a 25% drop in revenue in one year. The second CEO took a different look on the same data and is now … [Read more...] about What Are The Questions To Ask When Developing A Big Data Strategy?
The Role Of Notice in Big Data Privacy
In 1973, the U.S. Department of Health, Education and Welfare published a report in which they outlined a Code of Fair Information Practices. Over the intervening years, these practices have been adopted, modified, and updated and form the basis of many modern privacy laws, both in the United States and in other countries. One incarnation, the U.S. Federal Trade Commissions … [Read more...] about The Role Of Notice in Big Data Privacy
How To Use Public Data To Drive Innovation
Back in October 2011, Neelie Kroes VP of the European Commission, announced legal proposals to unlock the data held by the Europes public institutions. According to Kroes, opening up these datasets could double the value of it to around 70 billion. The open data portal is all about transparency, open government and innovation. All available data can be re-used, linked, analysed … [Read more...] about How To Use Public Data To Drive Innovation
