Big data is all around us. As we have seen, big data is characterized by its volume, velocity, and variety (the infamous three ‘V’s). Great, you have a lot of data…now what? Well, these untapped ’dark data assets’ give rise to vast opportunities for those organizations that seek new ways to compete. Studies have shown that organizations that compete on analytics by focusing on their core competencies fare much better than those who do not. Some have gone so far as to call big data the ‘new oil’. In part two of this four part series, we will take a closer look at big data analytics.
Tags: advanced analytics, Analytics, benchmark, big data, predict, survey