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Beyond Big Data – The New Information Economy

 

 

By Clive Longbottom and Rob Bamforth

 

Organisations are faced with an ever-increasing flow of different data types, including formal, database transactional information as well as less structured documents, voice and video.

 

Within this mix of data types lies the intellectual property of a given organisation – and ensuring that it is in a format that can be easily mined and monetised is an on-going battle. Big data will be part of this, but other issues have to be taken into account.

 

To uncover the true value hidden in the mass of data under the control of a given organisation requires a cohesive and coherent approach to information management. Quocirca believes that this needs a fully integrated system that acts on data streams, rather than taking actions on already stored data, and that there are multiple functions – such as data meta-tagging, deduplication, indexing, search and reporting – to ensure that the intellectual property assets can be optimally discovered and managed.

 

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