Big Data ‘as the next mega-problem for the company, and that is rightly celebrated, says the author, arguing that the economy are two different types of problems to solve here. Prediction problems (What will happen if we do this ?) and optimization problems (What is the best way to make this happen) intelligence is not enough to tackle these problems, he says: Big Data requires resourcefulness He defines the term “ingenuity effect and shows that it involves three key skills. : modeling, programming and sensors.

Big Data ‘as the next mega-problem for the company, and that is rightly celebrated, says the author, arguing that the economy are two different types of problems to solve here. Prediction problems (What will happen if we do this ?) and optimization problems (What is the best way to make this happen) intelligence is not enough to tackle these problems, he says: Big Data requires resourcefulness He defines the term “ingenuity effect and shows that it takes three key skills. . Modeling, programming and sensor
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Mihnea C. Moldoveanu
Source: Rotman School of Management
5 pages.
Release date: 01 Begin in May 2013. Prod #: ROT201-PDF-ENG
The Ingenuity Imperative: What Big Data means for big business HBR case solution

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