Will Big Data drive the next management revolution?

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Big Data
Management
Plenty has been written on the revolutionary technology advances that make big data possible. But the real value comes when people change the way they make decisions. Is big data also the basis of the next big management revolution?

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  • James Murray
    Of course everything is speculation mode when we try to predict the future. I can't help but wonder who will be able to use big data? This is not a system that the small, medium or even large business can afford. The businesses that can afford this are the Fortune 500 companies, Government and scientific organizations that are tracking billions of star systems or mapping genome systems. I think for smaller organizations, using big data as a management tool is not going to be cost effective. Normally we might say... well the cost of hardware is going down and processor speed is doubling ... but the reality is that we also are seeing the edge of Moore's law as well. I have been wrong before, but looking at the problem today, I'd say that big data will have an impact only on the decisions of the largest companies when making decisions that require a lot of data. When it come though to the average business manager, the information received from big data sources will be massaged, manipulated and of little value to the average manager. Hence I don't think there will be a managerial revolution as a result.
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