What a Big-Data Business Model Looks Like - R “Ray” Wang
by R “Ray” Wang | 10:00 AM December 6, 2012 The rise of big data is an exciting — if in some cases scary — development for business. Together with the complementary technology forces of social, mobile, the cloud, and unified communications, big data brings countless new opportunities for learning about customers and their wants and needs. It also brings the potential for disruption, and realignment. Organizations that truly embrace big data can create new opportunities for strategic differentiation in this era of engagement. Those that don’t fully engage, or that misunderstand the opportunities, can lose out. There are a number of new business models emerging in the big data world. Differentiation creates new experiences. Big data offers opportunities for many more service offerings that will improve customer satisfaction and provide contextual relevance. Brokering augments the value of information. Delivery networks enable the monetization of data.
Related: Big Data