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Volume 30, Issue 1

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Tuesday, 19 August 2014 15:39

Big Data Success Requires More than New Technology

Banks may be undermining their own efforts at Big Data, according to a recent Information Week column.

“When faced with the requirements of a new big data initiative, banks too often only draw on prior experience and attempt to leverage familiar technologies and software-development-lifecycle (SDLC) methodologies for deployment,” writes Michael Flynn, managing director in AlixPartners' Information Management Services Community.

The problem: Those technologies enforce structure and focus on optimizing processing performance. That means the data is aggregated and normalized in an environment that works against Big Data sets in three ways, Flynn explains: