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What is the Big Data Opportunity for Organizations?

 

October 23, 2013

Doug Hadden, VP Products

Big data – the analysis of large volumes of changing data from structured and unstructured sources – has promise in business and government. Government “open data” is seen by many observers as an economic opportunity for business. Gartner analysts Doug Laney and Frank Buytendijk described trends and opportunities in a recent webinar (storified below). Some takeaways from the webinar include:

  • Vendors (as usual) are confusing customers by focusing on some elements of big data rather than what’s important – the variety of data
  • Disruption of business models where data can be monetized by organizations
  • Tipping point has arrived for senior management interest
  • Disruption in traditional “business intelligence” disciplines like data warehousing
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Doug Hadden

Doug Hadden

Executive Vice President, Innovation at FreeBalance
Doug is responsible for identifying new global markets, new technologies and trends, and new and enhanced internal processes. Doug leads a cross-functional international team that is responsible for developing product prototypes and innovative go-to-market strategies.

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