To harness the Big Data available today requires an understanding of information at levels we never needed before.

By Suresh Katta, Founder and CEO, Saama Technologies

To be data literate takes time.  Consider the learning curve and adoption of computer technology not so long ago.  Today it is not only the enterprise that has sophisticated IT, but also small businesses, our homes, our cars, and our personal devices that we can’t live without. This took time to adopt and learn but it started with a few people with special skills. Today, we have data scientists that rely on statistics and math to extract the most out of Big Data.

Without being Big Data literate, it is easy to say that there is no economic punch to Big Data, or it is just smoke and mirrors. But the more we understand how powerful guided analytics can be for predicting trends or outcomes, the more valuable Big Data becomes. If we are smart and data literate, we can achieve a lot. If we are not, we only get a little out of the Big Data promise.