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Making Big Data Work for Your Business

You're reading from   Making Big Data Work for Your Business A clear, practical and simple guide to ensuring effective Big Data analytics for your business

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Product type Paperback
Published in Oct 2014
Publisher
ISBN-13 9781783000982
Length 170 pages
Edition Edition
Concepts
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Author (1):
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Sudhi Ranjan Sinha Sudhi Ranjan Sinha
Author Profile Icon Sudhi Ranjan Sinha
Sudhi Ranjan Sinha
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Table of Contents (15) Chapters Close

Making Big Data Work for Your Business
Credits
Foreword
About the Author
Acknowledgments
About the Reviewers
Preface
1. Building Your Strategy Framework 2. Creating an Opportunity Landscape and Collecting Your Gold Coins FREE CHAPTER 3. Managing Your Big Data Projects Effectively 4. Building the Right Technology Landscape 5. Building a Winning Team 6. Managing Investments and Monetization of Data 7. Driving Change Effectively 8. Driving Communication Effectively

Chapter 3. Managing Your Big Data Projects Effectively

To realize the full potential of Big Data, companies need to pursue several parallel initiatives, as follows:

  • Create a strong pool of qualified resources to drive various initiatives

  • Build momentum around the adoption of Big Data technologies

  • Build critical mass of success in Big Data projects

  • Build a long-term, robust, and sustainable platform for Big Data initiatives

There are many established methodologies followed in traditional technology-driven projects. At one end of the spectrum, we have the classical waterfall model, which takes a very sequential view of projects from start to finish for the entire scope of the project. At the other end of the spectrum, we have the new-age agile methodologies, which promote a more iterative approach addressing smaller chunks of the scope at a time. The project management techniques for all of them are quite mature; there is a wealth of information in published literature, case studies, and training...

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