The Cognitive Era - 12 Forum Gospodarcze TIME · Cognitive Era @TimPaydos. 2 ^We have for the first...

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The Big Data Phenomenon The Cognitive Era @TimPaydos

Transcript of The Cognitive Era - 12 Forum Gospodarcze TIME · Cognitive Era @TimPaydos. 2 ^We have for the first...

The Big Data Phenomenon

The Cognitive Era

@TimPaydos

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“We have for the first time and economy based on a resource that is not only renewable, but self generating. Running out of it is not a problem. Drowning in it is” – John Naisbitt

Something Profound Is Happening….

Volume

Variety

Velocity

Veracity

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“Data is the oil of the 21st century, and analytics is the combustion engine.” – Peter Sondergaard

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The Path To Success…

These experiences reveal a great irony -- that while the impact of Big Data will be transformational, the path to effectively harnessing it is not. The journey is evolutionary versus revolutionary, incremental and iterative

– Tim Paydos, TIME Event, 7 March 2017

• Understand the “Art of the Possible”

• Be deliberate and thoughtful about initial use cases

• Focus on building trust, skills and competency

• Focus on developing an ecosystem for innovation

• Explore data sets that lend themselves to “Open Data”

• Focus on developing skills and talent