Marketers, project managers, human resource professionals, domain experts, everybody is talking about Big Data as the single most important new age catalyst for innovation, competition and productivity. It therefore comes as no surprise that everybody is getting onboard the Big Data bandwagon. But not everybody is able to leverage its immense potential. One reason for this is … [Read more...] about Debunking Some of the Biggest Big Data Myths of 2014
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How To Create The Business Case To Start With a Big Data Proof of Concept
For organisations small and large, local or multinational, developing a big data strategy is a difficult and time-consuming exercise. In fact, big data projects typically take 18 months to finish. Developing the business case and a Big Data proof of concept is only the beginning of such a long road, but nevertheless a very important one. Where do you start, what aspects are … [Read more...] about How To Create The Business Case To Start With a Big Data Proof of Concept
Five Key Big Data Challenges Companies Need To Overcome When Developing A Big Data Strategy
Developing a Big Data strategy for your organisations is not a simple task. It will take perseverance, trial and error and a cultural change to become a truly data-driven, information-centric organisation. For a lot of organisations, Big Data is still difficult to understand (27% of companies surveyed in a recent survey by Jaspersoft), while 20% of the organisations do not see … [Read more...] about Five Key Big Data Challenges Companies Need To Overcome When Developing A Big Data Strategy
How The Financial Services Industry Should Use Big Data To Regain Trust
If there is any industry that can benefit from big data, it is the financial services industry. Of course the first use case that comes to mind is the ability to reduce risks, whether it be credit risk, default risk or liquidity risk. The industry that has lost the trust of its customers a lot since the crisis of 2008 can turn to big data to understand customers better and … [Read more...] about How The Financial Services Industry Should Use Big Data To Regain Trust
Cooking with Big Data
When you think of Big Data, the types of companies using it are probably technology based, perhaps in the finance sector, marketing, websites, and anyone else that needs to process their structured, semi structured, or unstructured data for insights. Â But what about offline businesses? They probably have a website, but their business transactions are typically done face to … [Read more...] about Cooking with Big Data
