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	<h1>Tips for Developing Successful Big Data Strategies</h1>
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			<span class="post-date">May 25</span>

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				Posted by <a href="/forum/user/895-amrita-arora">Amrita Arora</a>				in <a href="/resources/sigmaway-blog/analytics">Analytics</a>			</span>
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	<p class="MsoNormal" style="text-align: justify;"><strong><span style="color: #17365d; mso-themecolor: text2; mso-themeshade: 191;">Big Data</span></strong>- Knowing what it is and how it can be used is not sufficient. To be successful, the need is to <strong>develop a strategy</strong> on how to optimize its use for your own advantage.</p>
<p class="MsoNormal" style="text-align: justify;"><strong><span style="color: #76923c; mso-themecolor: accent3; mso-themeshade: 191;">David A. Kelly</span></strong>, in his article in Q1 2015 issue of <strong><span style="color: #e36c0a; mso-themecolor: accent6; mso-themeshade: 191;">TeraData Magazine</span></strong> has compiled the views of three eminent researchers in this field - <strong><span style="color: #943634; mso-themecolor: accent2; mso-themeshade: 191;">Vince Dell’Anno, David Stodder</span></strong> and <strong><span style="color: #943634; mso-themecolor: accent2; mso-themeshade: 191;">Dan Vesset</span></strong>. They have suggested the following 3 best practices for developing big data strategies:</p>
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<li><strong>View Big Data As A Valued Corporate Asset</strong></li>
<li><strong>Foster A Culture Of Embracing Data</strong></li>
<li><strong>Collect Diverse Data, Then Follow Up With Action</strong></li>
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<p class="MsoNormal" style="text-align: justify;">To understand them in detail, please visit the following link on <strong><span style="color: #e36c0a; mso-themecolor: accent6; mso-themeshade: 191;">forbes.com</span></strong>:</p>
<p class="MsoNormal" style="text-align: justify;"><a href="http://www.forbes.com/sites/teradata/2015/05/20/three-best-practices-for-executing-on-big-data-strategy/" target="_blank">http://www.forbes.com/sites/teradata/2015/05/20/three-best-practices-for-executing-on-big-data-strategy/</a></p></div>

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