Gregory Maciag: Standards and BIG Data

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Friday, 08 November 2013

Standards and BIG Data

McKinsey say “the effective use of Big Data could drive $325 billion incremental annual GDP in retail and manufacturing by 2020 while cutting $285 billion in costs across the government and health care sectors”.

That's “could drive...” Because these benefits aren't automatic. And they're downright impossible without core data governance disciplines, especially data analysis, data standards and metadata management. Of these three must-haves, data standards are the absolute central component.

Pitney Bowes

Posted on Friday, 08 November 2013 in Big Data | Permalink

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My latest book presents the challenges members face when adopting industry standards as well as the opportunities that come as a result. It features my discussions with many people over many years and follows the foundation I set in my first book "The Business Information Revolution".

Industry standards are never adopted in a vacuum. They become part and parcel of all the trials and tribulations managers face in their day to day work. ACORD Standards are always part of a larger software development project that brings along people, priorities and politics. Adopting industry standards isn't simple, but the benefits far outweigh the problems of building and maintaining proprietary alternatives.

I trust that you will appreciate my frankness, identify with some of the challenges and learn from what others have done to pave the way.

Previous Book

This is a PDF version of my book. You have my permission to view, save and print copies for your personal use. Use your browser "Back" button to return to the blog after you visit or print a chapter. If you want a clean copy, it's available at the Amazon bookstore.