What is Big Data? [Master Data Management, Analytics, IoT, and Data Migration] HD
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What is Big Data? [Master Data Management, Analytics, IoT, and Data Migration].
Big data is one of the most talked about and most important aspects of digital transformation. With a proliferation of technologies comes a proliferation of data that has to be managed. In this video I’ll explain what big data is and how it can apply to your organization.
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DOWNLOAD MORE RESOURCES BELOW:
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2021 DIGITAL TRANSFORMATION REPORT: resource.thirdstage-consulting.com/2021-digital-transformation-report
TOP 10 ERP SYSTEMS RANKING: www.thirdstage-consulting.com/the-top-10-erp-systems-for-2020/
TOP 10 ERP SYSTEMS FOR SMALL BUSINESSES: www.thirdstage-consulting.com/top-erp-systems-for-small-businesses/
TOP 10 CRM SYSTEMS: www.thirdstage-consulting.com/top-10-crm-systems-for-digital-transformations
GUIDE TO ORGANIZATIONAL CHANGE MANAGEMENT: resource.thirdstage-consulting.com/the-definitive-guide-to-erp-hcm-organizational-change-management
20 LESSONS FROM 1,000 ERP IMPLEMENTATIONS: resource.thirdstage-consulting.com/lessons-from-1000-erp-implementations-ebook
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CONNECT WITH ME:
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LINKEDIN: www.linkedin.com/in/erickimberling/
INSTAGRAM: www.instagram.com/erickimberling/
TIKTOK: www.tiktok.com/@erickimberling0
TWITTER: twitter.com/erickimberling
CLUBHOUSE: www.joinclubhouse.com/@erickimberling
THIRD STAGE LINKEDIN PAGE: www.linkedin.com/company/third-stage-consulting-group/
CONTACT ME TO BRAINSTORM IDEAS FOR YOUR DIGITAL TRANSFORMATION: eric.kimberling@thirdstage-consulting.com
Key takeaways:
BIG DATA:
Structured( Traditional FI, ERP etc) and Unstructured data.( Social media, IOT data etc)
Additional piece of info from my side: Structured data is typically stored in SQL DB, and unstructured mostly makes use of No SQL.
Lately, NewSQL is also being talked about for Unstructured data.
BI | ML
Tools to decipher the data and draw from the data for making sense of the data such as predictive analysis.
Processing:
Faster real time processing of data.
Example SAP HANA.
( additional info: Hadoop and Mapreduce are the key technologies with NoSQL database and in future technologies like Quantum computing would be the one to look out for)
Integration:
Architecture to ensure data flow to and fro. Apart from technology its also important to factor in the human behaviour.
Eventually with so much data, data privacy, security policies ( Zero trust architecture perhaps)plays a key role in Digital Transformation.