For business executives that want to make the most of Big Data but find the whole process somewhat daunting, the research house International Data Corporation (IDC) has published a Big Data and analytics (BDA) maturity model designed to bring order out of chaos.
The BDA model provides an extensive framework of stages, critical measures, outcomes, and actions. The idea is that organizations can use this framework to move through the successive stages of BDA competency and maturity in an orderly fashion.
For example, they can:
- Assess their BDA competency and maturity
- Define short- and long-term goals and plan for improvements
- Prioritize BDA technology, staffing, etc.
- Uncover maturity gaps among business units and between business and IT groups
In a related story in Computerworld (IDC and Computerworld are both part of the International Data Group), IDC analyst Dan Vesset comments, “We’re at this period now where there’s certainly a lot of hype, a lot of promise. The question is what’s reality, and what can and should companies do in the near- and short-term?”
Big Data and analytics have become top agenda items for many executives, but with the opportunity to unlock the value of Big Data to accelerate innovation, drive optimization, and improve compliance comes the need to demonstrate value, navigate expanding technology alternatives, re-create business processes, and ensure the availability of appropriately skilled staff,” said Vesset in a press release announcing the BDA model. “The ability to manage and analyze Big Data and derive value from these activities will increasingly define an organization’s ability to compete or service its constituents.
The BDA model is described in the IDC report: IDC Maturity Model: Big Data and Analytics – A Guide to Unlocking Information Assets.
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