One hundred people gathered at Microsoft NERD for the Big Data Cluster’s seminar on February 28, 2014, where the morning was kicked off by Sastry Chilikuri, Partner at McKinsey & Co. Sastry’s keynote went through four lessons he has discovered are critical to a successful big data program.
- Transformation journey. Communication and access to data is key.
- Open data. Governments are moving towards open data platforms and sharing more information with the public. Companies are using social media more and more to gather insights on their customers.
- Organization and talent. It takes a team of people who can bridge the different gaps required for a successful big data workflow.
- Frontline adoption. The end result must be to take advantage of the insights gathered through the data.
Sastry closed his keynote remarking that those organizations who are most successful in the big data journey are those that master the feedback loop. From there our panel got started in on the trends they are seeing and where the biggest opportunities within big data can be found.
Big data is not a new phenomenon. Business intelligence has been done for many years. But the questions we ask and the answers that are provided are more complex. There needs to be a focus on business and an understanding that there are no shortcuts. But overall we have an amazing opportunity with so many benefits to the way in which we work and live.