Big Data is coming, but for most organizations it’s three-to-five years away. That doesn’t mean you shouldn’t prepare now. Analyzing Big Data will require reference information like that provided by a semantic data model. And once you mine the data, you need to secure it.
Big Data is all the rage these days, and more than a few organizations are at least wondering what sort of business intelligence they could derive from all the information at their disposal. But while awareness of Big Data is growing, only a few organizations—like Google or Facebook-are really in position to capitalize on it now. However, the time is coming and organizations that expect to leverage Big Data will not only have to understand the intricacies of foundational technologies like Apache Hadoop, they’ll need the infrastructure to help them make sense of the data and secure it.
In the next three to five years, we will see a widening gap between companies that understand and exploit Big Data and companies that are aware of it but don’t know what to do about it, says Kalyan Viswanathan, global head of information management with Tata Consultancy Services’ (TCS) global consulting group. The companies that succeed in turning Big Data into actionable information with have a clear competitive advantage, Viswanathan says.
“Today, most companies are aware of Big Data,” he says. “There’s a lot written about it. There are conferences about it. Awareness has become quite pervasive. But if you look at actually exploiting Big Data, I would say we’re at the very beginning stages of it.”
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Source: https://www.cio.com/article/2398095/how-to-be-ready-for-big-data.html