Digital Data Streams: Creating Value from Real-Time Flow of Big Data

by Richard Watson, Federico Pigni, Gabriele Piccoli


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Abstract

There is no escaping the Big Data hype. Vendors are peddling Big Data solutions; consulting firms employ Big Data specialists; Big Data conferences are aplenty. There is a rush to extract golden nuggets (of insight) from mountains (of data). By focusing merely on the mountain (of Big Data), these adventurers are overlooking the source of the revolution - namely, the many digital data streams (DDSs) that create Big Data - and the opportunity to improve real-time decision making. This article discusses the characteristics of DDSs, describes their common structure, and offers guidelines to enable firms to profit from their untapped potential.

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