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5 Best Practices to Maximize Big Data ROI
Big data is enabling business to discover actionable market opportunities and to pinpoint problems such as waste and fraud. These five proven practices for maximizing big data ROI, based on the experiences of early adopters, will set your big data initiatives on the path to success.
1.
Be Smart About Infrastructure Decisions
The right infrastructure investments are just as important as asking key data science questions. By choosing the right DBMS, you can ensure IT’s ability to deliver results and make the most of its limited resources.
2.
Ensure Speed at Scale
Getting the most from big data requires working at a massive scale. The right infrastructure can ensure that your DBMS can process the volume of data necessary to get the answers you need — when you need them.
3.
Choose Multipurpose Solutions
Big data isn’t just a single use case. Choosing a DBMS platform that is easily adaptable to a broad range of data types, workloads and applications is critical to maximizing your infrastructure investment.
4.
Minimize Implementation Costs
Let’s face it — after configuration, physical modeling, index creation and tuning, implementation can get expensive. To keep costs low and ensure a quick, high-ROI big data win, it’s essential to look for a DBMS that integrates with existing database instances and delivers performance out of the box.
5.
Plan Ahead for Low Long-Term TCO
Whether we're ready or not, big data today means even bigger data tomorrow — and that can lead to exponential storage growth. The right DBMS can better utilize existing storage and use data compression to postpone additional storage requirements — plus, with multi-temperature data management, you can get optimal performance on legacy servers.
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Plan Ahead for Low Long-Term TCO
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