We see a whole new world of Applications emerging – Data Driven Applications
Data-Driven Apps change everything. There are new sensors, producing data and signals that impacts our lives as consumers, the broad spectrum of businesses as well as cities, governments & the planet.
If we look at the evolution of Apps, it all started with the automation of the back-office with mainframes and client-server. Apps that automate different business processes in manufacturing, supply chain, finance, etc. Following that was the era of a PC on every desk followed by web, social and mobile. We are now in the era of data-driven apps where intelligence from data drives actual value to users and business, over and above plumbing, accessability and automation of tasks.
Focusing on businesses, there are a new class of applications emerging to support Line of Business functions such as CRM consisting of sales, marketing & customer support, HR, Finance, etc.
And apps that are very specific to vertical industries that improves profitability, decreases costs, and creates new products and services.
As we go up we move from visibility of data, to insights & intelligence, actionable data and finally automated actions. As we go up the human being is being removed from the real-time decision making loop.
The Next Big Thing: Big Data
The Next Big Thing :
Big Data Changes Everything
Front Office Productivity
Back Office Automation
Functional Area Apps
Data Science is the Enabler
Closed Loop Systems
What should happen?
What is likely to happen?
Why did it happen?
Big Data is like teenage sex:
Everyone talks about it
Nobody really knows how to do it
Everyone thinks everyone else is doing it
So everyone claims they are doing it…!