Posts Tagged ‘Data’

The Agile Director <a href=”http://theagiledirector.com/content/4-things-twitter-can-give-business-intelligence” target=”_blank”>recently commented</a> on using Social Media feeds as a form of data to give organisations insight through Business Intelligence initiatives formed on social media. This is very true. If companies realise that their businesses are built on their customers,  all their internal systems should align accordingly. This is applicable to retail, property, media,  communications, telcos, etc.., and the end-results are forward thinking, pro-active, customer-centric organisations. <div>

The Data Chasm represents the gap between those who realise this paradigm. It’s as fundamental as the <a href=”http://www.catb.org/~esr/writings/homesteading/” target=”_blank”>manifesto </a>of “<a href=”http://en.wikipedia.org/wiki/The_Cathedral_and_the_Bazaar” target=”_blank”>The Cathedral and the Bazaar</a>”.

Data – A large portion of the corporate future will be driven by those who have it, and those who don’t. Then its driven by those who know what to do with it, and those who don’t.

The gap between the haves and have nots is growing, where even governments, and corporations fall under the have nots.

Open data is the way forward to close the chasm. Supplying data alone  is only the first step. As in economics, banking, media, supply chain,  logistics, there are eco-systems of data analysts that churn out  information. But yes, the common denominator across all these diverse  industries is digital media. That is the key to bridge the data chasm.

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Have you seen a bag full of mustard seeds. Small, little, round seeds that if you accidentally dropped a handful, the seeds scatter on the floor, and roll into hidden, tiny places. More concerning than this, is the ability of a single mustard seed to grow much larger. A bit like Katamari.

Moving data is a bit like moving people. In most organisation, people are frequently involved in the generation, the transformation, the curation, the classification, and analysis of data. And if any of these facets of data management fail, there will be trouble.

The most reliable aspect of such Herculean efforts is the truck, or platform. That is why many organisation prefer to depend on a platform instead of the myriad of parts to make a data project work.

However, most platforms do look like this truck. Rigid, low on flexibilty, and probably not customised for your organisations needs.