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Home > Business and Economics > Business and Management > Data Jujitsu: The Art of Turning Data Into Product
Data Jujitsu: The Art of Turning Data Into Product

Data Jujitsu: The Art of Turning Data Into Product


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About the Book

Introduction Data warehousing is a success, judging by its 25 year history of use across all industries. Business intelligence met the needs it was designed for: to give non-technical people within the organization access to important, shared data. During the same period that data warehousing and BI matured, the automation and instrumenting of almost all processes and activities changed the data landscape in most companies. Where there were only a few applications and minimal monitoring 25 years ago, there is ubiquitous computing and data available about every activity today. Data warehouses have not been able to keep up with business demands for new sources of information, new types of data, more complex analysis and greater speed. Companies can put this data to use in countless ways, but for most it remains uncollected or unused, locked away in silos within IT. There has been a gradual maturing of data use in organizations. In the early days of BI it was enough to provide access to core financial and customer transactions. Better access enabled process changes, and these led to the need for more data and more varied uses of information. These changes put increasing strain on information processing and delivery capabilities that were designed under assumptions of stability and common use. Most companies now have a backlog of new data and analysis requests that BI groups are struggling to meet. Big data is not simply about growing data volumes - it's also about the fact that the data being collected today is different in ways that make it unwieldy for conventional databases and BI tools. Big data is also about new technologies that were developed to support the storage, retrieval and processing of this new data. The technologies originated in the world of web applications and internet-based companies, but they are now spreading into enterprise applications of all sorts. New technology coupled with new data enables new practices like real-time monitoring of operations across retail channels, supply chain practices at finer grain and faster speed, and analysis of customers at the level of individual activities and behaviors. Until recently, large scale data collection and analysis capabilities like these would have required a Wal-Mart sized investment, limiting them to large organizations. These capabilities are now available to all, regardless of company size or budget. This is creating a rush to adopt big data technologies. As the use of big data grows, the need for data management will grow. Many organizations already struggle to manage existing data. Big data adds complexity, which will only increase the challenge. The combination of new data and new technology requires new data management capabilities and processes to capture the promised long-term value. Wal-Mart handles more than a million customer transactions each hour and imports those into databases estimated to contain more than 2.5 petabytes of data. Radio frequency identification (RFID) systems used by retailers and others can generate 100 to 1,000 times the data of conventional bar code systems. Facebook handles more than 250 million photo uploads and the interactions of 800 million active users with more than 900 million objects (pages, groups, etc.) - each day. More than 5 billion people are calling, texting, tweeting and browsing on mobile phones worldwide. Organizations are inundated with data - terabytes and petabytes of it. To put it in context, 1 terabyte contains 2,000 hours of CD-quality music and 10 terabytes could store the entire US Library of Congress print collection. Exabytes, zettabytes and yottabytes definitely are on the horizon . Data is pouring in from every conceivable direction: from operational and transactional systems, from scanning and facilities management systems, from inbound and outbound customer contact points, from mobile media and the Web .


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Product Details
  • ISBN-13: 9781503390768
  • Publisher: Createspace
  • Publisher Imprint: Createspace
  • Height: 229 mm
  • Sub Title: The Art of Turning Data Into Product
  • Width: 152 mm
  • ISBN-10: 1503390764
  • Publisher Date: 26 Nov 2014
  • Binding: Paperback
  • Spine Width: 9 mm
  • Weight: 218 gr


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