Big Data: Bigger Isn't Always Better

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nimantha.d
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Supply Network Guru
Re: Bandwagons
nimantha.d   3/31/2014 12:25:21 AM
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I think I have some. Il post them in the next few days

Hailey Lynne McKeefry
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Re: Big insight.. Not yet?
Hailey Lynne McKeefry   3/30/2014 6:40:06 PM
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@Himanshugupta, over and above not having a dedicated analytics team, finding and hiring folks with the right talents and skills is incredibly challenging. Big organizations are scooping these people up with big salaries and later that will translate into trained people being in the market for a new job. here in the silicon valley we are seeing an uptick in availablility of this kind of talent. In talking with hiring organizations there are also pockets of expertise in other places in the world: england, poland, etc. But it's certainly the exception rather than the rule right now.

Hailey Lynne McKeefry
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Re: Bandwagons
Hailey Lynne McKeefry   3/30/2014 6:37:34 PM
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@all, does anyone have examples of good applications for big data for the supply chain?  Or are there plans?

Himanshugupta
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Supply Network Guru
Re: Big insight.. Not yet?
Himanshugupta   3/27/2014 1:14:34 PM
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@Hospice, i think the problem is much complex. As most of companies donot have dedicated analytics team so it become impossible to upgrade the models/solutions that are provided earlier. Also right infrastructure is even bigger issue. It is easier to provide an analytical solution but much harder to actually implement it in company's IT infrastructure. So, the right talent and mature integrated solutions should also be on company's radar to be able to implement analytics/big data solutions.

Himanshugupta
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Supply Network Guru
Re: Bandwagons
Himanshugupta   3/27/2014 1:05:10 PM
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@Hailey, I agree with you that organizations will need to find out what they want to know from big data instead of always looking for new learnings and surprizes. Big data is not a magic ball to know everything about future.

Hospice_Houngbo
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Supply Network Guru
Big insight.. Not yet?
Hospice_Houngbo   3/26/2014 8:34:44 PM
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For the early adopters, investing in big data solutions is not a waste of money even though it is not immediately translated into business value or a competitive advantage. It is true that jumping into any kind of big data analytics solution is not the right strategy. Companies should first be able to define the right project and assess if they have the right competencies to analyze, interpret and evaluate analytics models.

Hailey Lynne McKeefry
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Blogger
Bandwagons
Hailey Lynne McKeefry   3/26/2014 8:15:08 PM
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Thanks for this reminder, Frank. There's a huge temptation for organziations to jump on a technology bandwagon...especially since the leadership often comes and says "Hurry up we need to do this!"  Clearly it's better to figure out first what problem  you are trying to solve and then to take a measured approach.



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