The difference between Analytics, Business Intelligence and Big Data In the business and scientific domain, most organizations differentiate between four different forms of pattern identification in data sets: Data analysis Analytics Business Intelligence (BI) Big Data Although all four definitions are closely related, there are some subtle differences between the terms that have an impact for [...]
Where does 'Big Data' come from? The term ‘Big Data’ has been in use since the early 1990s. Although it is not exactly known who first used the term, most people credit John R. Mashey (who at the time worked at Silicon Graphics) for making the term popular. In its true essence, Big Data is not [...]
Big Data emerged in the last decade from a combination of business needs and technology innovations. A number of companies that have Big Data at the core of their strategy have become very successful at the beginning of the 21st century. Famous examples include Apple, Amazon, Facebook and Netflix. A number of business drivers are at [...]
What is Big Data? Big Data and its analysis techniques are at the centre of modern science and business. Every day, millions of transactions, emails, photos, video files, posts and search queries are generated that result in zettabytes of data. All that data is stored in databases on various places across the planet. All that data [...]
In computer science, a data structure is a particular way of organising and storing data in a computer such that it can be accessed and modified efficiently. More precisely, a data structure is a collection of data values, the relationships among them, and the functions or operations that can be applied to the data. Three different [...]
Big Data - How to get started! Panel Discussion Big Data is a topic that in on the strategic agenda of almost every organization. The demand for Big Data professionals keeps growing, and there is already a shortage in capacity of qualified and skilled people in this domain. As a result, a war on talent for [...]
What is a Big Data Centre of Excellence? A Big Data Centre of Excellence (BDCoE) is an enterprise function that takes an organization from zero knowledge to having a fully functional practice of Big Data technologies and processes to deliver robust business results. A BDCoE is where the organization identifies new technologies, learns about new skills [...]
Big Data Framework White Paper An introduction to the benefits and capabilities of the Big Data Framework Many words have been written about quick growth of data in enterprises and the value that can be obtained by analysing Big Data. Commonly cited benefits are:Increased speed-to-market, Better cost control and Enhanced personalisation of marketing campaigns. Although [...]
How to define a Big Data Strategy In this post, we will discuss a practical approach to formulate a Big Data strategy. As discussed in one of our previous articles, a comprehensive enterprise-wide Big Data strategy can provide enterprises with a significant competitive advantage in the marketplace. A Big Data strategy, however, cannot be seen as [...]
Value of Big Data The primary reason why Big Data has developed rapidly over the last years is because it provides long-term enterprise value. Value is captured both, in terms of immediate social or monetary gain, and in the form of a strategic competitive advantage. Due to its wide range of applications, Big Data is embraced [...]
