Big Data Strategy

This course is already delivered, please contact us for the next available session tel:+357 22 44 14 92
Course Outline in PDF

Overview:

Developing and implementing a Big Data strategy is vital if you want to stay in business in the coming years. Big Data offers so many benefits to organizations and research indicated that companies leveraging Big Data financially outperform their peers by 20% or more. So, if you do not want to be left behind, you should focus on Big Data now.
But what is Big Data? How should you develop a Big Data strategy? What can Big Data do for your organization and how should you deal with the privacy aspect of Big Data? Important questions to ask that can be difficult to answer without sufficient knowledge on Big Data.
This unique Big Data strategy training focuses on Big Data from a business perspective and will provide you with all the knowledge and valuable insights to develop a successful and winning Big Data strategy.

Who Should Attend:

The Big Data Training is tailored towards decision-makers, marketers, operations managers, supply-chain managers, HR managers, sales representatives, IT personnel and/or financial controllers who want to learn more about Big Data and what it can do for their organization

At Course Completion:

•uderstand what big data is and how it affects your organization
•You will learn how to develop a big data strategy
•You will learn about 8 important trends that affect any big data strategy.
•Big Data brings great responsibility. You will learn how to ensure the privacy of your customers and what the four ethical guidelines are
•Big data requires new technologies, in this course you will learn about the most important ones and how they affect your company.
•Big data will only become bigger and those brontobytes will become common language in the boardroom. You will understand where big data is heading to and how that affects your organization.

Outline:      

Module 1: Big Data History

•Explanation of the vast moving times we are living in and how that affects organizations
•Group exercise to understand one's data requirements / dreams

Module 2: 7 V's of a Big Data Strategy

•Explanation of the 7 V's of Big Data and how that affects your Big Data Strategy
•Volume, Variety, Velocity, Veracity, Variability, Visualization and Value

Module 3: Important Big Data Trends

•The Mobile Revolution, requiring a different Big Data approach
•The Internet of Things
•The Industrial Internet
•The Quantified Self
•Big Social Data
•Open / Public Data

Module 4. Big Data Techniques

•Market overview
•Hadoop and MapReduce
•Various ways of analysing your data
•Data mining
•Machine learning
•Descriptive, predictive and prescriptive analytics
•Semantics

Module 5. Privacy & Ethics

•Big Data ownership
•4 ethical guidelines
•Big Data security

Module 6. Big Data Roadmap

•Key characteristics data-driven company
•Big Data ROI
•Big Data on the Balance sheet
•Big Data Governance
•Developing a Big Data strategy
•Big Data use case framework - 9 generic Big Data use cases

Module 7. Big Data within your organization

•Big Data and Marketing / PR
•Big Data and Human Resources
•Best Practices of Big Data
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