Big Data and Analytics by Vincenzo Morabito

Author:Vincenzo Morabito
Language: eng
Format: epub
Publisher: Springer International Publishing, Cham

4.11 Organizational Challenges and Threats

There are a number of challenges with respect to redesigning a big data driven business model . Technology assessment capability, technology maturity levels, evolving legal frameworks around privacy and intellectual property, data analyst talent scarcity, technology investment capability, internal data availability and quality, interoperability, security issues, limited business process understanding and associated metrics, data hoarding and old fashioned hierarchical leadership: these are just few of the barriers to big data driven approaches to business model redesign. These barriers have been referred to also in previous sections and chapters. In this section, it would be appropriate to refer to challenges with respect to adopting a big data driven business model innovation (Osterwalder et al. 2005).

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