Without the right team in place, any strategy and plan has the potential of completely falling apart. Because of this, the core project staff, expert resources, suppliers and all stakeholders should be part of the team dynamic. All of those involved must have commitment to the group, share similar visions for the projects and strive for overall success. Project managers can face serious trouble if inadequacy is present within the team. Inept leadership or an out-of-sync team can send a project towards failure. It is important to assign the right people to each aspect of the project.
- Information security is a core concern for businesses looking to invest in big data.
- The industry is predicting an exponential increase in the storage of data, far beyond the point of anyone being able to sensibly use and secure it.
- Thinking in this way makes your business look more proactive, but also leads to the creation of more meaningful and engaging products and services for customers.
“But big data, despite the marketing hype, still matters: a tight grip on information can help organisations create competitive differentiation.”