Big Data Driven Transformation

Mark van Rijmenam, Founder of Datafloq, based in Sydney, Australia participates in Risk Roundup to discuss “Big Data Driven Transformation”. Overview Big Data is transforming nations: its government, industries, organizations and academia (NGIOA). As each entity across NGIOA strives to be more data-driven, it is no surprise that digital transformation has become a top priority for everyone across nations. Digital transformation and the desired impact is no longer optional for anyone. It is essential for our very survival. We have reached a point where it is important to understand and evaluate whether we have what is necessary to make that data-driven transformation that is fit for a digital global age. Irrespective of whether entities across NGIOA are using small data or big data, internal data or external data, it is vital for entities across NGIOA to have a clear vision of their initiatives in cyberspace, geospace and space (CGS). It is important that each one of us understands and evaluates: * What is digital transformation? * How does big data help bring the digital transformation that is fit for a digital global age? * How complex is the big data driven transformation process? * Why is embarking on a data insights journey important for data transformation today? * How are nations’ managing the growing data landscape complexities? * What are some commonly used big data technologies? * What are the challenges facing entities for data driven transformation? * How much focus is there towards digital transformation? * What is required for fully exploiting big data and analytics? * What kind of capabilities need to be developed to exploit big data? * How would big data enhance decision making and strategic value? * What would the data-driven enterprise look like? * How would decision makers make sense of the data? * What kind of questions should entities across NGIOA ask about big data? * Do entities have effective digital data infrastructure? Getting intelligence from big data that has a potential for transformation is a daunting undertaking. NGIOA must be able to reshape raw data into meaningful information and then convert those insights into actionable initiatives. This involves choosing not only the right tools, developing new metrics, defining achievable objectives, but also understanding risks, prioritizing risks and much more. Time is now to talk about “Data Driven Transformation”! For more please watch the Risk Roundup Webcast or hear Risk Roundup Podcast About the Guest Mark van Rijmenam, is the Founder of Datafloq, and is based in Sydney, Australia. Mark is also the Founding partner of a Think Tank, called the Digital Leadership Initiative. He is also the author of the best-selling book “Think Bigger”. About the Host of Risk Roundup Jayshree Pandya (née Bhatt) is a visionary leader, who is working passionately with imagination, insight and boldness to achieve “Global Peace through Risk Management”. It is her strong belief that collaboration between and across nations: its government, industries, organizations and academia (NGIOA) will be mutually beneficial to all—for not only in the identification and understanding of critical risks facing one nation, but also for managing the interconnected and interdependent risks facing all nations. She calls on nations to build a shared sense of identity and purpose, for how the NGIOA framework is structured will determine the survival and success of nations in the digital global age. She sees the big picture,