CTO Straight Talk - Issue 3 - 23

CTO STRAIGHT TALK | ISSUE 3

this path, you'll never look at gigabytes
the same way again, and you'll begin
to develop a practitioner's instincts for
harnessing information cost-effectively.
7. Effectively Drive Change.
Your initial big data steps may not rock
the boat too much, but over time, big
data can upend assumptions, sometimes
even assumptions that have been driving
the entire business. With big data, you
have the potential to cut through the fog
and know the things that have always
seemed unknowable. If that sounds hard
to believe, think about how much data is
not used effectively now. Add to that the
new data that may become available in
the near future, through sensors, better
use of existing systems, and new external

sources. To ensure that all of this data
helps the organization, plan to implement
change-management practices and
start teaching your organization how to
be more agile, adapting quickly to new
assumptions driven by fresh insights.
8. Communicate Effectively.
Change can only be mastered with
effective communication. This isn't simply
a one-way street. Listening is vital, too.
For an organization to ride the big data
wave successfully, everyone should be
on board. Only a small percentage of the
organization may need new skills, but
because big data can alter how business
is conducted, everyone needs to be aware
that change is afoot and to understand
their stake in the future.

TAKEAWAYS
*	 Big	data	makes	it	possible	to	collect,	store,	and	use	all	available	data,	leading	
to new insights from the most sophisticated analytics. This will increase the
value of existing data while also preparing the ground for the deluge of additional
data expected from the Internet of Things, or IoT, the network of information
generated by people, objects, and the environment.
*	 To	realize	the	value	of	big	data	and	capitalize	on	the	emerging	IoT,	build	a	strategy	
framework-a clear conceptual understanding of big data and how its potential
might map to your organization's needs. Begin with a review of existing business
intelligence efforts and data sources; then look further and see if there are other
data sources that aren't being utilized.
*	 It	will	also	be	important	to	build	the	right	technology	landscape.	A	big	data	
initiative will likely require some specific investments, but they will be generally
less expensive and complex than you think.
*	 Change	can	only	be	mastered	with	effective	communication.	For	an	organization	
to ride the big data wave successfully, everyone should be on board. Only a small
part of the organization may need new skills, but big data can alter how business
is conducted in every area.

23



CTO Straight Talk - Issue 3

Table of Contents for the Digital Edition of CTO Straight Talk - Issue 3

Contents
CTO Straight Talk - Issue 3 - Cover1
CTO Straight Talk - Issue 3 - Cover2
CTO Straight Talk - Issue 3 - 1
CTO Straight Talk - Issue 3 - Contents
CTO Straight Talk - Issue 3 - 3
CTO Straight Talk - Issue 3 - 4
CTO Straight Talk - Issue 3 - 5
CTO Straight Talk - Issue 3 - 6
CTO Straight Talk - Issue 3 - 7
CTO Straight Talk - Issue 3 - 8
CTO Straight Talk - Issue 3 - 9
CTO Straight Talk - Issue 3 - 10
CTO Straight Talk - Issue 3 - 11
CTO Straight Talk - Issue 3 - 12
CTO Straight Talk - Issue 3 - 13
CTO Straight Talk - Issue 3 - 14
CTO Straight Talk - Issue 3 - 15
CTO Straight Talk - Issue 3 - 16
CTO Straight Talk - Issue 3 - 17
CTO Straight Talk - Issue 3 - 18
CTO Straight Talk - Issue 3 - 19
CTO Straight Talk - Issue 3 - 20
CTO Straight Talk - Issue 3 - 21
CTO Straight Talk - Issue 3 - 22
CTO Straight Talk - Issue 3 - 23
CTO Straight Talk - Issue 3 - 24
CTO Straight Talk - Issue 3 - 25
CTO Straight Talk - Issue 3 - 26
CTO Straight Talk - Issue 3 - 27
CTO Straight Talk - Issue 3 - 28
CTO Straight Talk - Issue 3 - 29
CTO Straight Talk - Issue 3 - 30
CTO Straight Talk - Issue 3 - 31
CTO Straight Talk - Issue 3 - 32
CTO Straight Talk - Issue 3 - 33
CTO Straight Talk - Issue 3 - 34
CTO Straight Talk - Issue 3 - 35
CTO Straight Talk - Issue 3 - 36
CTO Straight Talk - Issue 3 - 37
CTO Straight Talk - Issue 3 - 38
CTO Straight Talk - Issue 3 - 39
CTO Straight Talk - Issue 3 - 40
CTO Straight Talk - Issue 3 - 41
CTO Straight Talk - Issue 3 - 42
CTO Straight Talk - Issue 3 - 43
CTO Straight Talk - Issue 3 - 44
CTO Straight Talk - Issue 3 - 45
CTO Straight Talk - Issue 3 - 46
CTO Straight Talk - Issue 3 - 47
CTO Straight Talk - Issue 3 - 48
CTO Straight Talk - Issue 3 - 49
CTO Straight Talk - Issue 3 - 50
CTO Straight Talk - Issue 3 - 51
CTO Straight Talk - Issue 3 - 52
CTO Straight Talk - Issue 3 - 53
CTO Straight Talk - Issue 3 - 54
CTO Straight Talk - Issue 3 - 55
CTO Straight Talk - Issue 3 - 56
CTO Straight Talk - Issue 3 - 57
CTO Straight Talk - Issue 3 - 58
CTO Straight Talk - Issue 3 - 59
CTO Straight Talk - Issue 3 - 60
CTO Straight Talk - Issue 3 - 61
CTO Straight Talk - Issue 3 - 62
CTO Straight Talk - Issue 3 - 63
CTO Straight Talk - Issue 3 - 64
CTO Straight Talk - Issue 3 - 65
CTO Straight Talk - Issue 3 - Cover4
https://magazine.straighttalkonline.com/cto/issue4
https://magazine.straighttalkonline.com/cto/issue3
https://magazine.straighttalkonline.com/cto/issue2
https://magazine.straighttalkonline.com/cto/issue1
https://www.nxtbookmedia.com