Big Data

6 Steps to transform Big Data into Value

iSite has developed a 6 step process to transform big data into value.

Through big data integration and analytics for the built environment, it is possible to present a single version of the truth.

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Understand

What is the end goal? In order to use big data effectively it is imperative that you fully understand the strategic objectives of the business and how data can be used to meet these objectives. Who needs the information, when and how often?

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Locate, simplify and clean

Big data can be held in multiple, disparate sources and is often out of date. Identify where the data is held, reduce multiple reporting systems and processes, eradicate irrelevant data and then compare. This comparison enables you to identify any conflicts and trends. It’s also vital that one person or team is tasked with keeping the data up-to-date.

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Integrate

Once the data has been cleaned, and is accurate, it needs to be collated. Create a single, simple view of the data by mapping and overlaying internal and external systems to one central source.

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Analyse

Data is only able to add value once it has been analysed. The knowledge created by examining the information your business holds is what supports strategic improvements.

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Communicate

Communication is the key. Present any insights from big data analytics to the decision-makers of the business. Not only is sending the information to the correct stakeholders key, it is also important that the information is presented in an easy to digest format.

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Act

Aligning insight with the strategic drivers of the business will support change. Not only does this
add value, it creates an evidence-based culture of continuous improvement.

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Want to know more?

Get in touch with the iSite team:


info@isite.co.uk 

+44 (0)115 931 5299