{"id":14007,"date":"2019-11-12T11:34:35","date_gmt":"2019-11-12T11:34:35","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=14007"},"modified":"2019-11-12T11:34:35","modified_gmt":"2019-11-12T11:34:35","slug":"5-big-data-myths","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/5-big-data-myths\/","title":{"rendered":"5 Big Data myths"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">With Big Data a trending topic, it\u2019s a good time to review 5 of the biggest myths surrounding it:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\"><b>Big Data provides company growth<\/b><span style=\"font-weight: 400;\"> \u2013 with all the hype surrounding Big Data, companies should be careful to examine whether or not it will be a useful tool for them and whether or not they are ready for it.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Big Data means collecting all possible data<\/b><span style=\"font-weight: 400;\"> \u2013 data is only useful if it is of a good quality; companies interested in Big Data should focus on quality over quantity.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Big Data gives all the answers<\/b><span style=\"font-weight: 400;\"> \u2013 Big Data can give a lot of answers, but it is important to also make sure to ask the right questions first.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>You need someone with a degree in science to introduce Big Data solutions <\/b><span style=\"font-weight: 400;\">\u2013 a degree in science does not equate to understanding Big Data, especially for the specifics of one company. Rather, it\u2019s more important to have someone who can help you build the right infrastructure and get to where you want to go.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Big Data equals big money<\/b> \u2013 implementing Big Data solutions is a big investment. It is important that Big Data solutions are right for each company, otherwise it could be money wasted and, potentially, lead to the downfall of the organization.<\/li>\n<\/ol>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-14007 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Top 10 digital transformation trends shaping 2020'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/top-10-digital-transformation-trends-shaping-2020\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/12\/top-10-digital-transformation-trends-shaping-2020-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-14251\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-14251'>\n\t\t\t\tTop 10 digital transformation trends shaping 2020\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='CIS Conference: Sales and cost efficiency growth, 21\u201322 September, Kyiv'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/cis-conference-sales-and-cost-efficiency-growth-21-22-september-kyiv\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/CIS-Conference-Sales-and-cost-efficiency-growth-21-22-September-Kyiv-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-7063\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/CIS-Conference-Sales-and-cost-efficiency-growth-21-22-September-Kyiv-150x150.jpg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/CIS-Conference-Sales-and-cost-efficiency-growth-21-22-September-Kyiv-100x100.jpg 100w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-7063'>\n\t\t\t\tCIS Conference: Sales and cost efficiency growth, 21\u201322 September, Kyiv\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='What banking will look like after the pandemic'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/what-banking-will-look-like-after-the-pandemic\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/06\/2847549-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-15078\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15078'>\n\t\t\t\tWhat banking will look like after the pandemic\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>With Big Data a trending topic, it\u2019s a good time to review 5 of the biggest myths surrounding it: Big Data provides company growth \u2013 with all the hype surrounding Big Data, companies should be careful to examine whether or not it will be a useful tool for them and whether or not they are &hellip;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[197],"class_list":["post-14007","post","type-post","status-publish","format-standard","","category-fintech","tag-data","b_post_type-bfc-recommends"],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/14007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=14007"}],"version-history":[{"count":2,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/14007\/revisions"}],"predecessor-version":[{"id":14031,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/14007\/revisions\/14031"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=14007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=14007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=14007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}