In the old days IT was about saving money, while Big Data is about making money. If Big Data is about making money, it is about creating value and value should be placed on the balance sheet as an asset. A recent study by SAS showed that around 20% of the large UK companies are already assigning financial value to their data on the balance sheet of the company, so more … [Read more...] about How to Define Big Data On Your Balance Sheet
organisations
Does Big Data mean Big ROI For Your Organisation?
Big data, like every new technology, needs to be sold to the management in order to be implemented and, like every other technology, needs to show what the return of the investment will be. Many organisations believe that a Big Data strategy requires a big investment with unknown results. Although McKinsey stated that companies using Big Data can increase their operating margin … [Read more...] about Does Big Data mean Big ROI For Your Organisation?
8 Different Big Data Use Cases For Your Organisation
This Big Data platform is all about bringing together organizations who want to create a Big Data strategy and match them with Big Data startups. For organizations it is therefore necessary to understand how to use Big Data within an organization. Therefore, we have created a top 8 of the best Big Data use cases for organizations. Please let us know if you have more or … [Read more...] about 8 Different Big Data Use Cases For Your Organisation
A Short History Of Big Data
90% of the available data has been created in the last two years and the term Big Data has been around 2005, when it was launched by OReilly Media in 2005. However, the usage of Big Data and the need to understand all available data has been around much longer. In fact, the earliest records of using data to track and control businesses date back from 7.000 years ago when … [Read more...] about A Short History Of Big Data
