Archive for the ‘Big Data’ Category
Analysing large data sets – big data as it is known – will become a key basis of competition, underpinning new waves of productivity, growth and innovation according to research by McKinsey.
In fact, managing and manipulating big data has become such a critical component of a business’s ability to compete that a whole genre has emerged, that of data scientists.
Yet despite growing evidence to show how using, and analysing, big data can give an instant boost to business performance, many smaller-sized firms are still failing to latch onto this new and growing discipline. As Ben Rooney from the Wall Street Journal explains, mid-sized businesses need to identify and overcome the hurdles to implementing big data… or face being left behind.