It raises questions such as the ability of consumers to make their own products as well as opportunities like cheap and accurate product development.
The economic case for the Internet and all related technologies can be depicted in the collection of huge data made possible by the advanced computing and networked capabilities. This information published in the OECD website is just one of the materials that report the increased attention on the subject as a part of modern organizational focus as reflected in actual practice and strategy. Simply put, big data is the humungous information collected, stored and analyzed in complex database management systems. The paper effectively outlined how strong computing power allows these activities to be accomplished in a short time, using meager resources (OECD, 2015). The reader, therefore, has clear understanding about how organizations are able to gain insights about consumer and market behavior so that they are able to respond accordingly, especially in the area of product development and consumer relationship management.
All in all, big data is seen as a major factor influencing the decisions of organizations and their management and this material supports it. In addition, it covers almost all operational aspects from product development, human resource management to logistics.
DeMetz, A., 2015. The #1 Thing IT Managers Would Do To Strengthen Their Information Security Policies. Forbes. [online]. Available at: . [Accessed 17 March 2015].
This article has identified an unexpected top threat to an organizations information security: its employees. The idea is that employee activities pose as much danger to information security as external forces (DeMetz 2015). This is important primarily because the conventional cyber ...
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