Forbes: Big Data and Business Intelligence

Forbes has an interview with Jack Domme, CEO of Hitachi Data Systems (“HDS”), where they explore the impact of the data explosion and business’ abilities to turn that data into actionable information.

Here’s a snippet from the article on the two things that are needed:

Turning Big Data into actionable data is made possible by at least two key factors: (1) cloud computing, which scales in processing power, thereby allowing (2) the application of business intelligence, which works most efficiently when integrated with the cloud.

Further in the article, Domme describes where the industry is focused, and where they’ll need to head:

The industry focus on Big Data has been about analyzing spreadsheets, P&L, and transactional data. But now there’s also an industry focused on unstructured data. For example, how do I analyze one million CT scans? Lab tests? Voice recordings from a doctor in a different department? Records from another health care provider?  The question is how to analyze this data independent of the application in which it was created. And this is a global problem.

Worth the read – here’s the link to the Forbes article…

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I currently serve as Vice President of Decision Science at CenturyLink. I've previously served as a leader in the Advanced Risk & Compliance Analytics (ARCA) practice at PwC and as Director of Data Science & Analytics Engineering at Areté Associates. I've served the public as Chair of the Thousand Oaks, CA Planning Commission. I have been married to my wife Stephanie since 1993, and we have a wonderful daughter Monroe. Learn more about me »

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