Beginning Your Big Data & Analytics Adoption Journey
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Transcript of Beginning Your Big Data & Analytics Adoption Journey
![Page 1: Beginning Your Big Data & Analytics Adoption Journey](https://reader033.fdocuments.us/reader033/viewer/2022060108/554f5eb3b4c905bb178b457d/html5/thumbnails/1.jpg)
Beginning your Big Data & Analytics adoption journey.
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By IBM, for midsize businesses
![Page 2: Beginning Your Big Data & Analytics Adoption Journey](https://reader033.fdocuments.us/reader033/viewer/2022060108/554f5eb3b4c905bb178b457d/html5/thumbnails/2.jpg)
Big Data & Analytics doesn’t always mean big data sets. For midsize businesses, it can simply mean “more data than you’re used to.” So no matter your size, beginning your big data and analytics adoption journey is vital to the success of your company—and it’s easier than you think. Discover the four stages now.
Big Data & Analytics for the midmarket.
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Engage
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The first stage of the adoption journey starts with building a base of knowledge to create an understanding of the opportunities and potential benefits of big data and analytics to the organization.
Educate
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Educate Key Actions:
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Identify the desired business outcomes
Begin the discussion in your organization
Determine the appropriate stakeholders
Create a list of questions and discussion points
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In this stage, the organization determines a quantifiable business case, aligned with the company’s business objectives, that takes into consideration existing data, the technology foundation, and the organization’s analytics skills and capabilities.
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Explore
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Explore
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Key Actions:
Design a blueprint to secure executive sponsorship
Build a solid technology foundation
Create a business case that focuses on fostering new revenue, increasing efficiency and mitigating risk
Assess and identify your analytics skills and needs to get the most from your data
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In this third stage, to prove the value of big data and analytics to the organization, many companies undertake proof-of-concept initiatives to validate requirements and quantify expected returns.
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Engage
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Establish a step-by-step roadmap aligned with business goals
Create and define a funding process that prioritizes future projects
Determine defined connections between outcomes and outlined activity
Use quantifiable results to transition from executive strategy to LOB action
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EngageKey Actions:
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Organizations in this stage, the most sophisticated of big data and analytics adoption, are fully leveraging big data to change the way they do business. And analytics is already informing the decision making within the enterprise.
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Execute
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Get insights through dashboards, reports and analysis
Use statistical analytics, data and text mining, and predictive modeling to reveal patterns
Utilize forecasting to create dynamic and efficient planning cycles
Gain a context-relevant view of business through discovery and exploration
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ExecuteKey Actions:
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Get the full story on the Big Data & Analytics journey.Download the full eBook, Getting started with Big Data & Analytics: What you need to know.
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