Funding

Big Data can aid companies of all sizes

02nd Nov `15, 11:16 AM in Funding

For large companies saddled with complex legacy systems, finding the opportunity for disruption can be daunting. Unlike new…

BDMS
Guest Contributor
 

For large companies saddled with complex legacy systems, finding the opportunity for disruption can be daunting. Unlike new economy firms, which have had the benefit of being able to build their businesses and infrastructure from scratch in a “green-field” environment, most large corporations are saddled with disparate and fragmented operational and analytical environments and processes that limit the ability to operate with agility, flexibility, and insight across customers and lines of business.

While institutional reputation, customer reach, and operational scale provide many advantages to large corporations, these firms can sometimes be challenged when it comes to innovation and responsiveness. But Big Data approaches developed by new economy firms are being adopted by mainstream corporations to introduce greater corporate agility and speed.

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