Big Data is all the rage, but how should we use it, and how does it relate to process improvement and BPM?
Big Data is really just a new category of data, but one that has gotten a lot of buzz because it
- is a catchy term
- casts a wider net – out to external customers, potential buyers, suppliers, other networks in the general market place
- requires more sophisticated methods of gathering, modeling, and analyzing the data
So add Big Data to your organizational tools, but make it an integral part of a data-driven organization.
Foundational Principles
The two critical underlying questions before any organization starts gathering Big Data or data of any kind is: