So, you want to do a Big Data project…

2014
…OK, we’re here to help!
But before you do anything else,
ask yourself: why?

2014

2
A. Everybody else is doing Big Data!

B. You want to be a pioneer in your field and maybe get publicity
through your project

C. You have defined a business goal that can be furthered through
Big Data

2014

3
When your goal is sorted, you can go for the data bit:

Remember to consider different types and
sources of data.
Data is much more than numbers
(it can, for example, be text, voice or video).
It’s also more than your company-internal data.
The right source for your needs might be public (e.g. web content),
commercial (e.g. survey responses), or open (e.g. demographic data)

2014

4
Some ideas to get you started on data:
Your goal:
Increase sales

Improve customer experience
Enhance production

Create new products

Examples of useful data sources:
Social media /
user generated content
Records of customer
behaviour
Production logs, sensors
Market stats & forecasts

2014

5
Don’t be shy, talk to people about your project,
and most importantly:

Get management buy-in.
You need executive advocates for your project in order for your results to
be acknowledged, distributed and acted upon within the organization.
Also, data and analytics isn’t the only way of working towards your goal
so be sure to collaborate with other insight-generating projects for
maximal results.

2014

6
Some things are better done sooner rather than later:

Consider privacy issues before you start.

If you’re working with consumer transactions or other sensitive data,
don’t spook out your customers by your insights, and make sure your
internal data doesn’t leak to outsiders.
In some cases you might want to consider a ”mydata” approach –
letting customers freely access and use their own data.

2014

7
And finally, for a bit of counter-intuitive advice:

Start small.
You don’t want your first project to get out of hand.
Remember, what matters is not the size of the data and the numbercrunching power of the tools you use.
What matters is reaching your business goal.

2014

8
Recap: Five pieces of advice
for a successful first Big Data project
1.
2.
3.
4.
5.

Start with a clearly defined business goal
Remember the many types and sources of data
Obtain management buy-in
Plan for privacy & security issues
Start small

2014

9
Questions? Comments? Need more advice?
Contact Camilla Magnusson: camilla@instanssi.fi
Twitter: @InstanssiFi
www.instanssi.fi

10

So you want to do a Big Data project?

  • 1.
    So, you wantto do a Big Data project… 2014
  • 2.
    …OK, we’re hereto help! But before you do anything else, ask yourself: why? 2014 2
  • 3.
    A. Everybody elseis doing Big Data! B. You want to be a pioneer in your field and maybe get publicity through your project C. You have defined a business goal that can be furthered through Big Data 2014 3
  • 4.
    When your goalis sorted, you can go for the data bit: Remember to consider different types and sources of data. Data is much more than numbers (it can, for example, be text, voice or video). It’s also more than your company-internal data. The right source for your needs might be public (e.g. web content), commercial (e.g. survey responses), or open (e.g. demographic data) 2014 4
  • 5.
    Some ideas toget you started on data: Your goal: Increase sales Improve customer experience Enhance production Create new products Examples of useful data sources: Social media / user generated content Records of customer behaviour Production logs, sensors Market stats & forecasts 2014 5
  • 6.
    Don’t be shy,talk to people about your project, and most importantly: Get management buy-in. You need executive advocates for your project in order for your results to be acknowledged, distributed and acted upon within the organization. Also, data and analytics isn’t the only way of working towards your goal so be sure to collaborate with other insight-generating projects for maximal results. 2014 6
  • 7.
    Some things arebetter done sooner rather than later: Consider privacy issues before you start. If you’re working with consumer transactions or other sensitive data, don’t spook out your customers by your insights, and make sure your internal data doesn’t leak to outsiders. In some cases you might want to consider a ”mydata” approach – letting customers freely access and use their own data. 2014 7
  • 8.
    And finally, fora bit of counter-intuitive advice: Start small. You don’t want your first project to get out of hand. Remember, what matters is not the size of the data and the numbercrunching power of the tools you use. What matters is reaching your business goal. 2014 8
  • 9.
    Recap: Five piecesof advice for a successful first Big Data project 1. 2. 3. 4. 5. Start with a clearly defined business goal Remember the many types and sources of data Obtain management buy-in Plan for privacy & security issues Start small 2014 9
  • 10.
    Questions? Comments? Needmore advice? Contact Camilla Magnusson: camilla@instanssi.fi Twitter: @InstanssiFi www.instanssi.fi 10