Big Data Analytics best practices
So what’s the best practice here? How can organizations make such analytical thinking the norm in strategic planning, resource allocation and performance management?
Thus, a broad-based platform for data discovery, rather than a single piece of software, is the way to ensure analytics capabilities are suitable for all types of data, from highly structured transactional and operational data to unstructured, semi-structured and multi-structured data. An “ecosystem” view of analytics environments that integrate open-source components is the right way to conceive of the big picture.
Yes, big data analytics allow companies to extract deeper customer insights than ever before and recognize previously hidden patterns. But, it’s how those insights lead to patterns than actually help the business that is the end game for big data analytics (see haystack, finding needle in).