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Big Data takes a lot of forms and shapes, and flows in from all over the place – from the Internet, from devices, from machines, and even from cars. In all the data being generated are valuable nuggets of information.
The challenge is being able to find the right data needed, and being able to employ that data to solve a business challenge. What types of data are worthwhile for organizations to capture?
In his new book, Taming the Big Data Tidal Wave: Finding Opportunities in Huge Data Streams With Advanced Analytics, Bill Franks provides an wide array of examples of the types of data that can best meet the needs of business today. Franks, chief analytics officer with Teradata, points out that his list is not exhaustive, as there is almost an unlimited number of sources that will only keep growing as users discover new ways to apply the data. (more…)