A To Z For Understanding Big Data
To quote Google’s executive Chairman Eric Schmidt: “From the dawn of civilization until 2003, humankind generated five exabytes of data. Now we produce five exabytes every two days…and the pace is accelerating”. Data is growing at an exponential rate and the ability to harness that data to unlock organization value has become the utmost priority of the enterprises. We have picked four blogs which elucidates how an organization can leverage Big Data to gain a competitive advantage and bring social benefits.
Are you thinking about starting a Big Data initiative in your company and don’t know where to begin? You have reached the right place. In this blog, Shailesh Tekurkar digs deeper into the methodologies which can be used to kick start big data implementation in the organization. He explains two approaches: Bottom-up or Top down and which one would be better for which type of scenario. Also, he recommends that first timers to Big Data to follow the 3i Framework – Information, Inspiration and Innovation.
The blog illustrates how Big Data, when coupled with social and mobile technologies, gives us faster commutes, smoother roads, cleaner stations, and more.
The blog explains the role of Big Data in the public sector and how it can help to provide transparent and responsive governance. The public sector is inarguably one of the biggest sources of fundamental data. With Big Data, large amounts of data can be analyzed and many different useful outputs can be weaved to benefit everyone
The blog states that the amount of raw data created is increasing every day. Big data is what will enable us to deal with it effectively. Some of the best uses cases of Big Data in the chemical industry are discussed. Dr. Stefan Guertzgen points out that big data will lead to sustainable innovation and effective decision making by removing many intermediate channels which will lead to a simpler business process.
Just a reminder that SAPPHIRE NOW + ASUG ANNUAL CONFERENCE will be held on June 3-5, 2014 where you can learn directly from customers on how Big Data and Analytic solutions are helping improve its consumer experience and their bottom line.
Hope you found this information helpful. Do you want to learn more about SAP value management tools, technologies & services in the area of Big Data and how they can help you drive business value? Please email: mailto:firstname.lastname@example.org
Do let us know your feedback on this article.