Defining Deep Data: What It Is and How to Use It

Email     |     Share  
1 | 2 | 3 | 4 | 5 | 6 | 7
Previous Defining Deep Data: What It Is and How to Use It-1 Next

A Closer Look at Deep Data

Click through for insights into how organizations can leverage Deep Data to better understand customers and improve business strategy, as identified by Badri Raghavan, CTO and chief data scientist at FirstFuel.

In the era of Big Data, businesses across all industries struggle to efficiently and effectively manage data overload. Many organizations do not know how to pinpoint and extract the value embedded within the heaps of data available to them, and consequently find themselves stuck in the "data hoarding" trap – capturing every piece of available information, rather than focusing on the data that is providing the greatest business value.

Instead of just thinking "big" when it comes to data, companies need to start thinking "deep." The Deep Data framework is based on the premise that a small number of information-rich data streams, when leveraged properly, can yield greater business value at lower cost than vast volumes of data. For example, organizations can use the Deep Data framework to better understand a customer's behavior and provide actionable, scalable insights that simultaneously improve customer engagement and drive economic value of that company's data investment.

What do you need to know to effectively implement a Deep Data strategy? In this slideshow, Badri Raghavan, CTO and chief data scientist at FirstFuel, has outlined valuable insight organizations should consider.


Related Topics : Vulnerabilities and Patches, Resellers, Broadcom, Broadband Services, Supercomputing

More Slideshows

infra100-190x128 Top 10 Strategic Technology Trends for 2017

Here are the top 10 strategic technology trends that will impact most organizations in 2017. Strategic technology trends are defined as those with substantial disruptive potential or those reaching the tipping point over the next five years. ...  More >>

Global33-290x195 2017 and Beyond: How Digital Innovation Will Impact the World

Digital innovation is by far the biggest influencer, changing the way we do just about everything, from shopping to communication to running a business. ...  More >>

ArriaNLG-IoTAutomation0x Internet of Things Personified: Integration and Automation

The real value that the Internet of Things brings is at the intersection of gathering data and leveraging it. ...  More >>

Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.