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What's Wrong With Big Data?

Jeff Morris
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Saul Sherry
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Saul Sherry, User Rank: Blogger
1/29/2013 | 3:27:51 AM


Re: the big data crystal ball
@Jeff, a brilliant overview. Inspiring, yet I can see for companies at the start of this journey it might be slightly daunting. Are there two or three questions/data sets all of these journies should start from to inspire the next next set of queries?

Jeff Morris
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Jeff Morris, User Rank: Blogger
1/28/2013 | 1:29:41 PM


the big data crystal ball
I do like the blue sky assumption that with all these emerging technologies we will begin to understand what we don't know. But as we keep polling the market, the questions around the big data crystal ball are themselves crystallizing. "What don't I understand about my customers, my prospects or my audience?" is the root. From that question, a million others spawn, but its answers are starting to shape and hone the competitive edge of organisations who ask it. This is why there is both urgency and secrecy as big data projects move forward because competitiveness is shaping the need for these answers. What is handy here, of course, is that as soon as you start asking these questions yourself, you eventually land on the path to implementation, when you finally ponder, "What data will help me find my answers?" Now you have both a purpose and the beginnings of a plan, one in which all these technologies might help you resolve.

Saul Sherry
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Saul Sherry, User Rank: Blogger
1/28/2013 | 11:36:30 AM


Re: Spot on.
@MDMConsult - it seems it's a complex area people like to make even more complex for themselves. Those early questions are crucial sure, but so long as they aren't stringing out the rest of the team.

Anna Young
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Anna Young, User Rank: Exabyte Executive
1/28/2013 | 6:25:02 AM


First things first
I assume you are saying companies should ask all the questions you raised before they start collecting the data rather than afterwards. Where a company stores data is important but setting early goals about the data is even more important.

MDMConsult
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MDMConsult, User Rank: Exabyte Executive
1/27/2013 | 1:46:36 PM


Re: Spot on.
Determining what big data is value and how to take advantage of its value is important. Being able to determing the most useful & value from the big data sets and optimize this for better decision making should be understood by organizations.


 


Daniel Gutierrez
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Daniel Gutierrez, User Rank: Blogger
1/26/2013 | 4:28:48 PM


Re: Spot on.
@Saul, the important notion in your comment is "part of the appeal" as in finding unknown knowledge. Unsupervised learning is just half of the Calculus of data science - through techniques like clustering you can discover previously uknown gems in your big data. The other side of the equation of course is prediction - supervised learning. With this form of machine learning you absolutely need to know what problem you're solving. And it is important to understand that machine learning is not magic; that data must support the answers to the questions.

mharden
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mharden, User Rank: Exabyte Executive
1/26/2013 | 1:35:26 PM


Re: to the point data
Good point, but that's why it is important have people that can think out side of the box to add new perspectives of interpreting the data that could potentially drive real ROI for big data projects.

MDMConsult
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MDMConsult, User Rank: Exabyte Executive
1/25/2013 | 3:00:44 PM


Re: Spot on.
Those are good questions to ask also, Who owns big data in the organization? Questions like these especially in the initial phases, being big data is a complex area are important. We have to define its objectives, identify these challenges and analytics to measure. Applying questions in the early phases is crucial.

kiran
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kiran, User Rank: Megabyte Messenger
1/25/2013 | 2:33:55 PM


Re: Spot on.
i agree with you. The point you mentioned : " The vast potential of Big Data is in making it "small" data that will add value to organizations." , is what all must acheive. we dont have to keep all the data. We need just the accurate one for our analysis, be it demographic or their geographic locations or whatever suits our business requirement. 

kiran
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kiran, User Rank: Megabyte Messenger
1/25/2013 | 2:30:05 PM


to the point data
we can all gather data and data about data, but only useful will it be only then when we know what sort of data we looking for and we filter out the rest. otherwise it wil be just costly for us to store and maintain all that data which is of no use in real. therefore one should be focused and have in mind exactly what they are looking for, only then bigData will prove to be helpful and successful. 

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