Building databases necessitates the systematic storage and management of data information prior to its use. Big data can track massive volumes of data to seek out undetected patterns, correlations, and insights in business. This training helps participants figure out how to manage the changes driven by Big Data related to product lifecycles, business model canvases, and organizational theory. This training also advantages businesses in implementing big data and analytics to earn cost savings, more rapid and accurate decision-making, and better marketing of novel goods or services.
Big Data in Business
Program Objectives
Program Modules
- Big Data challenges and opportunities
- Is the company ready for Big Data?
- The machine learning evolution
- Stakeholders: private and public purposes
- Sector: Disruptive or incremental changes caused by Big Data
- Benefits of implementing Big Data
- Conventional wisdom in strategy and innovation
- The policy considers the disruptive power of Big Data
- Business Model Canvas overviews
- What does Big Data mean for the different building blocks of the business model canvas?
- What does Big Data mean for a business?
- Who will lead the organization? CIO, CDO, or CEO?
- Make sure the company is ready to implement Big Data
- Input
- Conclusion and Summary Judgment