Dylan’s BI Study Notes

My notes about Business Intelligence, Data Warehousing, OLAP, and Master Data Management

Analytics 3.0

Posted by Dylan Wan on January 2, 2014

One of the books I like most about data warehousing is the book e-Data, written by Jill Dyche.  Here is a paper she co-authorized with Thomas H. Davenport about Big Data:

Big Data in Big Companies: Executive Summary

Thomas H. Davenport is the author of the book Competing on Analytics, which is also a book I own and found interesting.

I cannot agree more about these two points they mentioned in the above executive summary:

  • Overall, we found the expected co-existence; in not a single one of these large organizations was big data being managed separately from other types of data and analytics. The integration was in fact leading to a new management perspective on analytics, which we’ll call “Analytics 3.0.”
  • “It’s important to remember that the primary value from big data comes not from the data in its raw form, but from the processing and analysis of it and the insights, products, and services that emerge from analysis.”

I feel that what customers may really need is an integrated prepackaged BI apps that is built on an integrated BI platform and the associated tech stacks that can handle big data together with the other existing enterprise data.  Building an non-integrated big data data warehouse is time consuming and may not get a good balance of the cost and the benefit.  The non integrated big data data warehouse may work well for the specialized firms for special purposes.  However, when we think of leveraging the big data technology in the enterprise, integration with the existing data warehouse is the key for success.

 

About these ads

One Response to “Analytics 3.0”

  1. Новинки кино!

    Смотрите фильмы

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
Follow

Get every new post delivered to your Inbox.

Join 36 other followers

%d bloggers like this: