{"id":5545,"date":"2015-07-30T07:00:19","date_gmt":"2015-07-30T15:00:19","guid":{"rendered":"http:\/\/formtek.com\/blog\/?p=5545"},"modified":"2015-06-17T08:51:51","modified_gmt":"2015-06-17T16:51:51","slug":"big-data-data-first-philosophy-enables-businesses-to-think-before-they-act","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/big-data-data-first-philosophy-enables-businesses-to-think-before-they-act\/","title":{"rendered":"Big Data: Data-First Philosophy Enables Businesses to Think Before they Act"},"content":{"rendered":"<p>Data First is a philosophy of using data as a guiding factor in all business decisions and actions. \u00a0Advances and successes in Big Data and analytic technologies\u00a0have businesses clamoring to try it out.<\/p>\n<p><a href=\"https:\/\/www.linkedin.com\/in\/cardosop\" target=\"_blank\">Pedro Cardoso<\/a>, technology consultant, identified<a href=\"http:\/\/www.enterpriseappstoday.com\/data-management\/5-reasons-a-data-first-strategy-works.html\" target=\"_blank\">\u00a0three phases to a Data-First a<\/a>pproach:\u00a0assess, improve and control.<\/p>\n<p>Central to the Data First movement is the\u00a0ability to assess the nature of a problem by gathering\u00a0as much data as possible about the problem\u00a0domain. \u00a0Data combined with analysis and profiling can help businesses\u00a0fully understand issues and risks. \u00a0During assessment\u00a0possible solutions or courses of action can be defined and mapped out.<\/p>\n<p>During the improve phase the solution plan derived from the\u00a0results of the assessment is developed, tested and rolled out.<\/p>\n<p>During the control phase the solution is maintained and monitored.<\/p>\n<p><a href=\"http:\/\/newvantage.com\/people\/randy-bean\/\" target=\"_blank\">Randy Bean<\/a>,\u00a0CEO of NewVantage Partners, wrote a piece for the Wall Street Journal <a href=\"http:\/\/blogs.wsj.com\/cio\/2015\/06\/15\/big-data-fuels-a-data-first-movement\/\" target=\"_blank\">where he identifies four principles<\/a>\u00a0of how\u00a0Big Data is enabling a Data-First mindset:<\/p>\n<ul>\n<li>Big Data is driving self-serve business analytics<\/li>\n<li>Big Data is thriving because of cheap storage and processing power<\/li>\n<li>Big Data encourages discovery of new insights via rapid analysis and a foundation for testing models<\/li>\n<li>Big Data works best when decentralized access is wrapped with\u00a0lightweight data governance standards<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\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-data-first-philosophy-enables-businesses-to-think-before-they-act%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" 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Pedro Cardoso, technology consultant, identified\u00a0three phases to<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/formtek.com\/blog\/big-data-data-first-philosophy-enables-businesses-to-think-before-they-act\/\">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":[3,58,41],"tags":[],"class_list":["post-5545","post","type-post","status-publish","format-standard","hentry","category-big-data","category-data-analytics","category-data-management"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/5545","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=5545"}],"version-history":[{"count":0,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/5545\/revisions"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=5545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=5545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=5545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}