Our winter special issue features contributions on circular cities, highlighting the importance of urban centers in promoting cross-sector coordination and regenerative innovation in food, energy, construction, and waste
Digital Data Streams: Creating Value from Real-Time Flow of Big Data
Richard Watson, Federico Pigni, Gabriele Piccoli
ArticleIn-Depth
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.