When we engage with clients to help them identify where and how to leverage big data for business value, we frequently use the Big Data Business Model Maturity Index (BDBM). This helps organizations understand how effective they are at leveraging data and analytics to power their value creation processes.
Applying the BDBM can help an organization identify how it should enact changes to people, processes, and technologies to enable the creation of analytic insight that drives its top-level strategic initiatives. Organizations that adopt this approach can utilize advanced analytics to couple new sources of customer, product and operational data, optimizing key business processes and uncovering new monetization opportunities.
However from an IT perspective, what does this look like? The traditional data warehouse just can’t support these new data and analytic capabilities. (more…)