{"id":3666,"date":"2013-04-05T07:00:16","date_gmt":"2013-04-05T15:00:16","guid":{"rendered":"http:\/\/www.formtek.com\/blog\/?p=3666"},"modified":"2013-04-05T07:00:16","modified_gmt":"2013-04-05T15:00:16","slug":"big-data-plotting-a-path-of-success-with-big-data-analytics-bda","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/big-data-plotting-a-path-of-success-with-big-data-analytics-bda\/","title":{"rendered":"Big Data: Plotting a Path of Success with Big Data Analytics (BDA)"},"content":{"rendered":"<p>&#8220;The ability to manage and analyze Big Data and derive value from these activities will increasingly define an organization&#8217;s ability to compete or service its constituents,&#8221; said <a title=\"Dan Vesset bio\" href=\"http:\/\/www.linkedin.com\/in\/danvesset\" target=\"_blank\">Dan Vesset<\/a>, IDC Business analytics research program vice president.<\/p>\n<p>The market size for the technology and services related to Big Data Analytics is now over $100 billion annually. \u00a0IDC has developed a methodology that they&#8217;re calling the <a title=\"Big Data Analtyics (BDA) Maturity Model\" href=\"http:\/\/www.idc.com\/getdoc.jsp?containerId=239771#.UUcqgRyThyI\" target=\"_blank\">Big Data Analytics (BDA) Maturity Model <\/a>to help businesses make good decisions about how they can invest in this technology.<\/p>\n<p>IDC&#8217;s Big Data Analytics (BDA) Maturity Model is<a title=\"Maturity Models\" href=\"http:\/\/eprints.qut.edu.au\/25152\/1\/Understanding_the_Main_Phases_of_Developing_a_Maturity_Assessment_Model.pdf\" target=\"_blank\"> modeled after<\/a> Carnegie Mellon&#8217;s\u00a0<a title=\"Capability Maturity Model\" href=\"http:\/\/en.wikipedia.org\/wiki\/Capability_Maturity_Model\" target=\"_blank\">Capability Maturity Model<\/a>. \u00a0The goals of the model\u00a0include:<\/p>\n<ul>\n<li>Help companies assess their Big Data Analytics competancy<\/li>\n<li>Help companies define short and long-term goals<\/li>\n<li>Help companies make decisions about Big Data Analytics investments, like technology and staffing<\/li>\n<\/ul>\n<p>The IDC BDA Maturity Model identifies the five key components for success:<\/p>\n<ul>\n<li><strong>Data<\/strong><\/li>\n<li><strong>People<\/strong><\/li>\n<li><strong>Process<\/strong><\/li>\n<li><strong>Technology<\/strong><\/li>\n<li><strong>Intent<\/strong><\/li>\n<\/ul>\n<p>There are five stages of Big Data deployment according to the IDC Maturity Model:<\/p>\n<ul>\n<li><strong>Ad Hoc<\/strong><\/li>\n<li><strong>Opportunistic<\/strong><\/li>\n<li><strong>Repeatable<\/strong><\/li>\n<li><strong>Managed<\/strong><\/li>\n<li><strong>Optimized<\/strong><\/li>\n<\/ul>\n<div class=\"lightsocial_container\"><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/digg.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fbig-data-plotting-a-path-of-success-with-big-data-analytics-bda%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" 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The market size for<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/formtek.com\/blog\/big-data-plotting-a-path-of-success-with-big-data-analytics-bda\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-3666","post","type-post","status-publish","format-standard","hentry","category-big-data"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/3666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/comments?post=3666"}],"version-history":[{"count":0,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/3666\/revisions"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=3666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=3666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=3666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}