, Russell Reinsch, NBD-PWG NIST Big Data Public Working Group
The potential for organizations to capture value from Big Data improves every day as the pace of the Big Data revolution continues to increase, but the level of value captured by companies deploying Big Data initiatives has not been equivalent across all industries. Most companies are struggling to capture a small fraction of the available potential in Big Data initiatives. The healthcare and manufacturing industries, for example, have so far been less successful at taking advantage of data and analytics than other industries such as logistics and retail. Effective capture of value will likely require organizational investment in change management strategies that support transformation of the culture, and redesign of legacy processes. In some cases, the less-than-satisfying impacts of Big Data projects are not for lack of significant financial investments in new technology. It is common to find reports pointing to a shortage of technical talent as one of the largest barriers to undertaking projects, and this issue is expected to persist into the future. This volume explores the adoption of Big Data systems and barriers to adoption; factors in maturity of Big Data projects, organizations implementing those projects, and the Big Data technology market; and considerations for implementation and modernization of Big Data systems.
Special Publication (NIST SP) - 1500-10 v1
Big Data, adoption, barriers, market maturity, project maturity, organizational maturity, implementation, system modernization