Re: Resource drain
Laurianne, one of the ways to address this, and possibly the best way, is by engaging a professional Big Data services team. This can easily cost you less than doing the job in-house when you consider the direct, indirect, and opportunity costs by helping avoid failure to capture mission-critical data, and delayed Big Data implementation. Both can undercut your ability to compete effectively and make you vulnerable to competitors, which leads to missed opportunities, lost revenue, and higher churn. You're absolutely on the mark re: resource drain on your team, in that most IT departments and, more recently, established Data Science teams, are under pressure to maintain daily operations and incorporate new business-enhancing technologies, without increasing staff. By hiring a team of experts, you can keep your staff doing the things they need to do and avoid costs associated with deferring or delaying other tasks.
At Stratecast we have developed 4 questions to ask a Big Data provider to ensure a successful deployment:
1. What is the data strategy?
2. What will the supporting IT systems infrastructure be?
3. What measures are you taking to ensure data protection and compliance?
4. What components and characteristics are you implementing to tune the Big Data platform for optimal performance?
We analyzed many key constructs, models, business drivers, and competitive dynamics--including listings of more than 300 providers, grouped by their areas of expertise, and mapped into the functions they provide within those models--in Stratecast's report The World Moves Fast, and Data is Driving/part 2: Competitive Strategies (BDA 1-04, November 2013).