Big Data Analytics: a Management Perspective

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Business Analytics > Best Practices

Ignatius D, Manager, India
In today's world data is becoming the new raw material of more and more business processes. Data powers many things we do. To feed this process, businesses collect and store more and more information. WHAT IS BIG DATA? MEANING To understand Big Data Analytics, let's first define "Big Data". Big Data is simply an extremely large data set (collection of data) that can be analyzed by using advanced techniques to reveal patterns, traits, etc., which can then be used for decision making. Big data has some characteristics such as "high velocity" - indicating the speed of data generation, "high variety" - indicating the number of data types the Big Data contains, "high volume" - indicating the total amount of data which is present in the information asset. WHAT IS BIG DATA ANALYTICS? MEANING Big Data Analytics is the process of using advanced analytical tools and techniques to analyze a large amount of data in order to find hidden patterns and new associations of variables and other i (...) Read more? Sign up for free

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  Gandhi Heryanto, Management Consultant, Indonesia

The Gap Between Organizational Competence and the Power of Big Data for Decision Making

I refer to the paper of Alexander and Lyytinen. Th (...)

  Jaap de Jonge, Editor, Netherlands

The Issue of Big Data is not Technology But Organizational Competence

@: Thanks and agreed. The conclusions of Alexander (...)

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