From the Wires
Infochimps Shares the Secrets of Big Data Success
"How to Do a Big Data Project" Offers Step-by-step Guide for Fortune 1000
By: PR Newswire
May. 22, 2013 08:01 AM
AUSTIN, Texas, May 22, 2013 /PRNewswire/ -- Big Data cloud service provider Infochimps (Infochimps.com) announced today the release of "How to Do a Big Data Project," a step by step guide for large enterprises implementing Big Data projects. Recent research by Infochimps has shown that nearly half of all Big Data projects fail. With this new guide, now available for download, the company hopes to improve this success rate. Infochimps is offering insight into some of its own best practices for deriving business value from Big Data with an open-standards architecture and strategy, which it has honed working with some of the world's top companies.
Big Data: Boon and Bane of Enterprise IT
"We've successfully empowered a number of Fortune 1000 companies to increase their bottom lines with Big Data systems, and have done so at incredible speed," said Jim Kaskade, CEO, Infochimps. "We've accomplished this by combining the power of cloud as a delivery model with best practices presented in this guide."
"How to Do a Big Data Project" is designed to help companies: achieve a faster ROI; prove the value of Big Data internally; and scale to support more data sources and use cases. It dives into detail on the 4 key steps to successfully implementing a Big Data project:
Step 1. Select your business use case: clearly defined objectives drive business value
Step 2. Plan your project: a well-managed plan and scope will lead to success
Step 3. Define your technical requirements: ensure you build what you need to reach your objectives
Step 4. Create a "Total Business Value Assessment": take the politics (and emotion) out of the choices
Additionally, "How to Do a Big Data Project" will help CIOs tackle one of the biggest decisions faced at the start of an IT project: whether to build vs. buy. Further questions that this guide will help answer include:
With cloud-based deployments, time-to-insight can be as short as 30 days. Infochimps invites decision-makers to learn how to achieve Big Data value right away, starting by downloading "How to Do a Big Data Project" at http://bigdata.infochimps.com/how-to-do-a-big-data-project/.
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