Month: April 2013

Big Data in Retail Industry

Here’s a great data visualization on Big Data in retail industry. Also, a FT video on the subject: Source: Monetate Marketing Infographics Source: http://video.ft.com/v/2172704889001/Big-data-bring-attention-to-retail Related posts: Big Data: $16.9 Billion opportunity for IT Services and Consulting Industry International Data Corporation recently released its “Big Data technology and services forecast” predicting that Big Data market will grow

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Month: April 2013

Month: April 2013

Month: April 2013

Master Data Management (MDM): Key to Big Data Success

With the hype surrounding Big Data and current focus on tools and technology such as Hadoop, it is easy to forget that success of any technology project rests more on strategy and less on technology/tools. That’s true even in the case of Big Data solutions. Architects and managers implementing Big Data solutions would do well

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Month: April 2013

Predictive Analytics: A Force Multiplier for Big Data

Force Multiplier, a noun, means something that increases effect of the force. In military usage, force multiplication refers to “an attribute or a combination of attributes which make a given force more effective than that same force would be without it” (for more, see this). Big Data, which is characterized by three Vs, namely Volume, Variety

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Month: April 2013