Six Ways Big Data Could Damage Your Business – And What To Do About It

Mind The Store

Many businesses are internally generating lots of their own big data. But often that data is siloed in different departments, divisions and operations – accounting, engineering, manufacturing, marketing, IT – making it difficult for them to share useful information and work together to give a company a competitive advantage, Shapiro notes.

The Solution: Businesses must invest in technologies and develop processes that streamline data sharing throughout the company. A major challenge, Shapiro says, is hiring data management personnel with the right experience and training to make that happen.