Big Data Strategy

Available since November 2, 2019
...
Category

IT Business Management Training

Duration

1 day

Course description

Developing and implementing a Big Data strategy is vital if you want to stay in business in the coming years. Big Data offers so many benefits to organizations and research indicated that companies leveraging Big Data financially outperform their peers by 20% or more. So, if you do not want to be left behind, you should focus on Big Data now.

But what is Big Data? How should you develop a Big Data strategy? What can Big Data do for your organization and how should you deal with the privacy aspect of Big Data? Important questions to ask that can be difficult to answer without sufficient knowledge on Big Data.

This unique Big Data strategy training focuses on Big Data from a business perspective and will provide you with all the knowledge and valuable insights to develop a successful and winning Big Data strategy. This is the only training available that focuses on Big Data from a strategic point of view.

Pre-course Reading
Complete an exercise of two assignments:
1) What is your vision around Big Data?
2) Which hurdles did you overcome, five years from now, to realize this dream?

Target audience

The Big Data Training is tailored towards decision-makers, marketers, operations managers, supply-chain managers, HR managers, sales representatives, IT personnel and/or financial controllers who want to learn more about Big Data and what it can do for their organization.

Three use cases of target audiences:
1) Senior VP of Marketing large American retail chain:

The Big Data training helped me understand how to make use of different customer data sources in order to offer the right product at the right moment to the right customer via the right channel. Developing a Big Data strategy is not easy, but this training enabled me prepare the board for our Big Data strategy.

2) Operations Manager at a Regional European Manufacturer Company

We have been thinking to make a move to become a smart factory, but we did not have a common understanding what Big Data meant and what it could do for our organization. Since we took this training, we now understand the different important aspects to take into account when starting with Big Data. We expect our smart factory to be operational shortly.

3) IT Employee for a Local Australian Telecom Company:

My manager asked me to take this training in order to better understand the business aspects of Big Data. Of course I have heard about Big Data, but I am not a Big Data scientist. This training helped me better understand how we should approach Big Data. In addition, I now know that I want to take more technical courses to actually become a Big Data Scientist.

Course requirements

A basic understanding of business strategy is recommended

Course Plan

Section 01

Big Data History

  • Explanation of the vast moving times we are living in and how that affects organizations
  • Group exercise to understand one's data requirements / dreams
Section 02

7 V's of Big Data Strategy

  • Explanation of the 7 V's of Big Data and how that affects your Big Data Strategy.
  • Volume, Variety, Velocity, Veracity, Variability, Visualization and Value
Section 03

Big Data trends

  • The Mobile Revolution, requiring a different Big Data approach
  • The Internet of Things
  • The Industrial Internet
  • The Quantified Self
  • Big Social Data
  • Open / Public Data
Section 04

Big Data techniques

  • Market overview
  • Hadoop and MapReduce
  • Various ways of analysing your data
  • Data mining
  • Machine learning
  • Descriptive, predictive and prescriptive analytics
  • Semantics
Section 05

Privacy & Ethics

  • Big Data ownership
  • 4 ethical guidelines
  • Big Data security
Section 06

Big Data roadmap

  • Key characteristics data-driven company
  • Big Data ROI
  • Big Data on the Balance sheet
  • Big Data Governance
  • Developing a Big Data strategy
  • Big Data use case framework - 9 generic Big Data use cases
Section 07

Big Data within your organization

  • Big Data and Marketing / PR
  • Big Data and Human Resources
  • Best Practices of Big Data

Reviews

Coming soon.

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