by Angela Guess
Lindsay Clark of SearchDataManagement.co.uk reports, “Like few other business information trends of recent years, ‘big data’ is attracting the interest of people outside the IT department. In fact, many big data systems have been set up independently by business users and analytics teams without IT being involved or aware. One of the consequences of this scattered approach is that large demands will be placed on master data management (MDM) and data governance processes to ensure that big data environments are able to live up to overall expectations for providing business benefits and competitive advantages. But it’s very early days for big data MDM and governance initiatives.”
Clark continues, “Nick Millman, who heads consulting company Accenture’s process and information management practice in the UK and Ireland, said most businesses are still in the early stages of implementing big data technologies or have yet to even start. But he does see a lot of interest in the big data phenomenon, particularly among corporate executives. ‘Big data has captured attention at more senior levels on the business side of the organisation than previous buzzwords around business intelligence and analytics,’ he said. ‘A lot of organisations are defining a strategy of what big data means to them, how they will extract value’.”
