Big data is becoming more essential in the arena of employee collaboration. A growing number of teams are finding that big data can be very beneficial when it comes to forging stronger relationships between their participants.
Dr. Mark van Rijmenam, the founder of DataFlaq is one of the world’s leading experts on the intersection between big data and interpersonal communication. He discussed this topic in detail in one of his articles.
There are a number of ways that big data is changing the nature of these relationships. One of the biggest applications is that new predictive analytics models are able to get a better understanding of the relationships between employees and find areas where they break down. These big data algorithms can offer insights to improve harmony within the team.
Big Data is the Key to Stronger Team Extension Models
Large companies who used to do business in an old-fashioned way are now embracing the blessings of big data technology. Sustainable business models have become extremely competitive and without the help of big data software and IT professionals, it’s nearly impossible to ensure the success of any business.
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What are some ways big data influences these relationships? Big data has played a part in changing the power dynamic within teams.
Imagine, you are dealing with the salary sheet of 2000 employees with a pen and paper. It’s very obvious that you need to have a strong HR (human resource department) to do all these complex tasks. But with the help of simple software that uses modern predictive analytics capabilities, you can easily manage 2000 employees.
So, it’s inevitable, you need IT professionals to increase the productivity of your business. But things become a little bit confusing when people get the option to select between Team Extension Model and Dedicated Team. Both of these tools use advanced big data technologies. Let’s dig deep and find out which model should we pick as a business owner.
Team Extension Model
After embracing modern technology and starting to use sophisticated software to increase productivity, setting up an IT department becomes virtually essential. The owners or HR department usually hire high end IT professionals so that they can fill the technical knowledge gap of the existing staff. As the business grows, it often becomes hard for the in house IT department to handle the load with a more data-intensive focus. This is where the term Team Extension Model kicks in. The company looks for professionals who are excellent in the use of advanced software and troubleshoot any technical difficulties with a high level of accuracy. But you have to remember the fact, Team Extension Model is increasing the fixed cost of your business. So, compare the ROI to ensure managed cash flow in the business.
Dedicated Development Team
The Dedicated Development Team offers a perfect big data solution for small to medium-size businesses. Many large organizations are leaning towards this service as they can focus on their core business. In this process, you will hire a specialized team known as the Dedicated Development Team and they will be responsible to deal with all the technical or IT-related issues. Though this process requires onetime cost, selecting the DDT model for long term ventures is not that cost-effective. You may find better ways to utilize big data for a more cost-effective outcome.
Pros and cons
TEM (Team Extension Model) and DDT (Dedicated Development Team) both has pros and cons. In the TEM model, you will have complete control over the team members and bringing any sudden change to your existing project will not be an issue. On the contrary, the DDT model works more like an independent entity and they focus on the overall project scope. You will have less control since they will have their plan to make a project successful. But if you can outsource the DDT from a reputed company with expertise in big data strategies, chances are very high they will collaborate with your IT department in a very rational way. Due to their professionalism and high efficiency, you will have a better chance to take care of your business growth. In the long run, your developers will have the opportunity to learn many things from the DDT or Dedicated Development team.
So, which big data model is the best?
To be honest, both these big data models have unique pros and cons. So, you need to prioritize your requirement and select the model which suits the best for your requirement. If you are intending to build a strong IT department with a strong focus on big data solutions, the TEM model might be the perfect solution for you. But never forget the fact, the initial ROI in the TEM model will not be high compared to the DDT model. On the contrary, if you are looking for a quick solution to a complex problem, hiring DDT would be a wise decision. The Dedicated Development Team will take all the workload and make sure you get your desired work done within the stipulated time.
This article was created in cooperation with ASPER BROTHERS