{"id":1141,"date":"2015-08-14T16:46:21","date_gmt":"2015-08-14T23:46:21","guid":{"rendered":"https:\/\/cm-edgetun.pages.dev\/industry\/blog\/uncategorized\/an-imperfect-idea-what-makes-data-big-grasping-gamification-and-the-economics-of-the-cloud\/"},"modified":"2023-07-17T12:05:15","modified_gmt":"2023-07-17T19:05:15","slug":"an-imperfect-idea-what-makes-data-big-grasping-gamification-and-the-economics-of-the-cloud","status":"publish","type":"post","link":"https:\/\/cm-edgetun.pages.dev\/en-us\/industry\/blog\/financial-services\/2015\/08\/14\/an-imperfect-idea-what-makes-data-big-grasping-gamification-and-the-economics-of-the-cloud\/","title":{"rendered":"An imperfect idea, what makes data big, grasping gamification and the economics of the cloud"},"content":{"rendered":"<p><img decoding=\"async\" class=\"size-medium wp-image-39341 alignright\" src=\"https:\/\/cm-edgetun.pages.dev\/en-us\/industry\/blog\/wp-content\/uploads\/2015\/08\/BigData_BMB.png\" alt=\"Big Data\" \/><\/p>\n<p><strong>The price of perfection. <\/strong>\u201cPerfect never leads to new.\u201d That\u2019s what Jesse Stanchak, social media specialist, says is the paradoxical flaw in striving for perfection. \u201cThe pursuit of perfection may be noble, but if you\u2019re ever unlucky enough to achieve it, then you\u2019re stuck.\u201d And when you\u2019re stuck, you\u2019re not iterating; you\u2019re not innovating. You\u2019re maintaining the status quo. And if your competitors are working on some less-than-perfect ideas, you could be in trouble. Check out <a href=\"http:\/\/cm-edgetun.pages.dev\/en-gb\/enterprise\/it-trends\/social-enterprise\/articles\/the-power-of-imperfect-ideas.aspx#fbid=mvdpDliXdUz\" target=\"_blank\" rel=\"noopener\">Jesse\u2019s take<\/a> on the problems with perfection.<\/p>\n<p><strong>Big data decoded. <\/strong>What, exactly, is big data? According to the Power BI team, it\u2019s the three V\u2019s: volume, velocity and variety. Volume is the \u201cbig\u201d in big data. And when we say big, we mean BIG: \u201cToday, it would take over five years to watch the amount of video that crosses global networks every second.\u201d Velocity is the speed with which data is flowing into your business (hint: it\u2019s getting ever faster). The faster you can analyze and act on that data, the bigger your advantage. Variety refers to the many different forms data takes these days, much of it unstructured. \u201cIn fact, more than 80 percent of today\u2019s data are unstructured \u2026 Mobile phones, online shopping, social networks, data sensors \u2014 all produce a daily tsunami of unstructured data, much of it holding information that could impact your business.\u201d Learn more about the three V\u2019s of big data <a href=\"http:\/\/blogs.msdn.com\/b\/powerbi\/archive\/2015\/08\/13\/what-is-this-thing-called-big-data.aspx\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<p><strong>Get into gamification. <\/strong>Has your company embraced gamification? Effective gamification can help change behaviors in both your clients and your employees, says <a href=\"https:\/\/mspartner.microsoft.com\/en\/us\/Blog\/mpn\/summary?AuthorName=burke%20fewel\" target=\"_blank\" rel=\"noopener\">Burke Fewel<\/a>, director, Partner Capability Development Management. \u201cHumans are drawn to the dynamics of games \u2014 they satisfy our intrinsic needs, including desire for rewards, satisfaction, challenge, competition and status. Simply put, people like to win and be recognized for it.\u201d One way some Microsoft partners are embracing gamification is in training users on new products and systems. \u201cThese efforts focus on the individual within a partner organization \u2014 giving you the option to play, learn and maybe receive rewards.\u201d Read more on the ways Microsoft partners are <a href=\"https:\/\/mspartner.microsoft.com\/en\/us\/Blog\/mpn\/article\/gamification-how-businesses-are-playing-to-win\" target=\"_blank\" rel=\"noopener\">embracing gamification<\/a>.<\/p>\n<p><strong>Cloud as revenue-generator. <\/strong>Is your cloud strategy centered on saving money or on fueling revenue growth? <a href=\"http:\/\/azure.microsoft.com\/blog\/author\/jstaten\/\" target=\"_blank\" rel=\"noopener\">James Staten<\/a>, chief strategist, Cloud + Enterprise, says the majority of companies would say savings, but proper deployment of cloud technologies can actually help grow your revenue base. To be sure, \u201cyour organization must gain experience in the first stage to understand and start reaping the gains from the latter two, which are where savings turn into profits,\u201d he says. <a href=\"http:\/\/azure.microsoft.com\/blog\/2015\/08\/13\/how-well-do-you-use-cloud-economics-in-your-cloud-strategy\/\" target=\"_blank\" rel=\"noopener\">His post<\/a> explains how you can begin turning cost-saving cloud technology into a revenue-generating opportunity.<\/p>\n<p><em>Business Roundup is a recurring collection of short takes on topics of interest to Business Matters readers. We compile the latest thinking from Microsoft and other industry experts to showcase how companies of all sizes are achieving efficiency, deploying innovative technology and becoming digital businesses.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cPerfect never leads to new.\u201d That\u2019s what Jesse Stanchak, social media specialist, says is the paradoxical flaw in striving for perfection.<\/p>\n","protected":false},"author":843,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ms_queue_id":[],"ep_exclude_from_search":false,"_classifai_error":"","_classifai_text_to_speech_error":"","footnotes":""},"categories":[1523],"post_tag":[],"content-type":[1483],"coauthors":[4311],"class_list":["post-1141","post","type-post","status-publish","format-standard","hentry","category-financial-services","content-type-thought-leadership"],"yoast_head":"<!-- This site is optimized with the Yoast SEO 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perfection.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cm-edgetun.pages.dev\/en-us\/industry\/blog\/financial-services\/2015\/08\/14\/an-imperfect-idea-what-makes-data-big-grasping-gamification-and-the-economics-of-the-cloud\/\" \/>\n<meta property=\"og:site_name\" content=\"Microsoft Industry Blogs\" \/>\n<meta property=\"article:published_time\" content=\"2015-08-14T23:46:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-17T19:05:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cm-edgetun.pages.dev\/en-us\/industry\/blog\/wp-content\/uploads\/2015\/08\/BigData_BMB.png\" \/>\n<meta name=\"author\" content=\"Microsoft Industry for Financial Services Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Microsoft Industry for Financial Services Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" 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