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How Data Analytics is Disrupting the Business model?

Along with the other technology forces such as social media, mobile, cloud and unified communications – big data brings with it new opportunities for learning about customers and their requirements. The rise of big data is an exciting opportunity for businesses and brings a potential for disruption and realignment. Organizations that embrace big data have strategic opportunities for differentiation and those who don’t are truly missing out. A number of new business models are emerging – using three main approaches. The first one uses data to create differentiated offerings, the second one involves brokering this information and the third one is all about building networks to deliver data where it is needed – at the right time.Big data brings new...

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