Published by:
Rotman Management Magazine
Length: 5 pages
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Abstract
'Big data' is everywhere. Organizations of all types - large companies, entrepreneurial organizations, governmental agencies and NGOs - have been encouraged to embrace the detailed, micro-level data generated by digital devices to become more efficient. The author describes the eight big data tools that can make up a big data strategy, including open innovation platforms and calls to action, and shows how each presents a specific challenge to organizations.
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Abstract
'Big data' is everywhere. Organizations of all types - large companies, entrepreneurial organizations, governmental agencies and NGOs - have been encouraged to embrace the detailed, micro-level data generated by digital devices to become more efficient. The author describes the eight big data tools that can make up a big data strategy, including open innovation platforms and calls to action, and shows how each presents a specific challenge to organizations.