I am happy to announce the development we did over the last month within Teradata. We developed a light-weight process model for Big Data Analytic projects, which is called “RACE”. The model is agile and resembles the know-how of more than 25 consultants that worked in over 50 Big Data Analytic projects in the recent month. Teradata also developed CRISP-DM, the industry leading process for data mining. Now we invented a new process for agile projects that addresses the new challenges of Big Data Analytics. Where does the ROI comes from? This was one of the key questions we addressed when developing RACE. The economics of Big Data Discovery Analytics are different to traditional Integrated Data Warehousing economics. ROI comes from discovering insights in highly iterative projects run over very short time periods (4 to 8 weeks usually) Each meaningful insight or successful use case that can be actioned generates ROI. The total ROI is a sum of all the
With July 1st, I’ve decided to change my professional career and change to Teradata. I will work as the Big Data Leader for CEE, developing the Business in the region. It is a major career step for me. In the upcoming years, I will work closely with our teams in the region to built great Big Data applications.