the business value of big data
DESCRIPTION
Understanding the business value of Big Data.TRANSCRIPT
The Business Value of BIG DATA
Jeffrey F. Kelly Big Data Analyst SiliconANGLE Wikibon
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Today’s Agenda
• Introduction
• Common Obstacles to Big Data Success and How to Avoid &Overcome Them
• Best Practices for Optimizing Big Data Projects
• Identifying Big Data Use Cases to Deliver Business Value
• Q&A
2 The Business Value of BIG DATA
The Business
Value of
BIG DATA
Introduction
3 The Business Value of BIG DATA
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Jeff Kelly, Big Data Analyst at SiliconANGLE Wikibon.
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SiliconANGLE Wikibon is an integrated Open Source Research and Media Company.
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Our focus is on Enterprise IT:
Ø Big Data
Ø Software-Led Infrastructure
We All Know The 3 V’s of BIG DATA …
4 The Business Value of BIG DATA
… But The Most Important V Stands For …
!Volume! !
Variety! !Velocity!
5 The Business Value of BIG DATA
$ VALUE $ The Business Value of BIG DATA lies in the ability to derive meaningful insights from otherwise ‘noisy’ data, to make impactful decisions based on those insights and to execute decisive actions that result in increased revenue & profitability, reduction of risk & liability, and/or improved operational efficiency.
Obstacles To BIG DATA Success
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The Business Value of BIG DATA
Boil the Ocean
Fools Fall in Love
The Elusive Data Temple
How to Avoid Common Missteps 7
The Business Value of BIG DATA
Small but Strategic
Big Data is Messy Data
Keep and Open Mind
Optimizing BIG DATA Deployments
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The Business Value of BIG DATA
Tools of Choice
Executive Buy-In Collaborate and Communicate
Hadoop RDBMS NoSQL
Analytics
Identifying BIG DATA Use Cases CONFIDENTIAL
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The Business Value of BIG DATA
Identify Data Assets
Tangible Results Focus on Core Business
Identifying BIG DATA Use Cases CONFIDENTIAL
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The Business Value of BIG DATA
Find the Right Talent Leverage Community and Partnerships
Q&A
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The Business Value of BIG DATA
THANK YOU
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The Business Value of BIG DATA
Jeff Kelly Big Data Analyst
SiliconANGLE Wikibon
[email protected] | @jeffreyfkelly | wikibon.org/bigdata
Matt McDevitt Business Development Manager
Think Big Analytics
[email protected] @thinkBigA | http://www.thinkbiganalytics.com