John Bensalhia talks to Yves Mulkers, freelance Data Architect and blogger at 7wData, about the benefits, developments and challenges linked with Big Data...
So says Yves Mulkers, freelance Data Architect and social media influencer. Yves is speaking ahead of upcoming Big Data World event in London, where he will make an appearance. Listing the key benefits of what Big Data can offer, Yves says that these are:
“Scalability, cost reduction, new products and revenue streams, tailored solutions and targeting, enterprise wide insights, and Smart cities.”
Having worked as a software developer in various branches, Yves achieved great expertise and mindset in object oriented thinking and development.
Yves says that this past year has seen a number of breakthroughs in the development of Big Data such as:
Big Data can be used to create a competitive advantage in various ways for businesses. In addition to a 360% Customer View and narrower segmentation of customers, Yves says that next generation products, real-time customization, and business models based on data products are the new approaches. In addition, better informed decisions, such as the measurement of consumer sentiment are good gauges of raising the value of what Big Data can bring.
Businesses must consider a variety of aspects in order to ensure successful Data implementation. Yves says that businesses must have clear business processes and information state diagrams, and should also ensure that they are on top of their game with respect to training and documentation. Data standards must also be developed and complied with.
For applying data analytics and applications in a business, Yves explains that there are challenges to tackle:
In the next five to 10 years, Yves says that:
In addition to businesses and companies, aspects of Big Data will be for everyone to take advantage of:
Looking ahead to the event, Yves says that he expects it to bring a lot of value and insights.
John Bensalhia talks to Yves Mulkers, freelance Data Architect and blogger at 7wData, about the benefits, developments and challenges linked with Big Data...“I'm an explorer on new technologies and Data Visualisation, and keep my finger on what's happening with Big Data from an architecture point of view.”
“Scalability, cost reduction, new products and revenue streams, tailored solutions and targeting, enterprise wide insights, and Smart cities.”
Having worked as a software developer in various branches, Yves achieved great expertise and mindset in object oriented thinking and development.
“Doing the full cycle of software development from analysis, implementation, support and project management in combination with a strong empathy, he positioned himself as a technical expert bridging and listening into the needs of the business and end-users.”
Yves says that this past year has seen a number of breakthroughs in the development of Big Data such as:
“Integrated platforms, data preparation automation, automating automation, GPU and in-memory databases, Artificial Intelligence, micro services, IoT (Internet Of Things), and self-service analytics.”
Big Data can be used to create a competitive advantage in various ways for businesses. In addition to a 360% Customer View and narrower segmentation of customers, Yves says that next generation products, real-time customization, and business models based on data products are the new approaches. In addition, better informed decisions, such as the measurement of consumer sentiment are good gauges of raising the value of what Big Data can bring.
Businesses must consider a variety of aspects in order to ensure successful Data implementation. Yves says that businesses must have clear business processes and information state diagrams, and should also ensure that they are on top of their game with respect to training and documentation. Data standards must also be developed and complied with.
For applying data analytics and applications in a business, Yves explains that there are challenges to tackle:
“Creating value from your data products, finding the right talent and tools, maturity of the organisation in information management, and trusting the results of analytics. It's worth noting that Big Data and analytics are not the same as business intelligence.”
In the next five to 10 years, Yves says that:
“Big Data will become the business intelligence of now.”
In addition to businesses and companies, aspects of Big Data will be for everyone to take advantage of:
“Big Data will be embedded in companies strategy, and analytics will become available to everyone. “
“Data volumes will keep on growing as data products will become a commodity and improve our quality of life.”
Looking ahead to the event, Yves says that he expects it to bring a lot of value and insights.
“The combination with the sidetracks around Cloud and others, will bring a broader view on the complete architecture (business, technical and data) needed to be successful in Big Data implementations.”
The usage cycle of an information store is bound to be estimated in weeks instead of months or years. Data Analytics Course in Bangalore
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