2013 IT Market Trends And Predictions On Big Data
By Sugan Narayanan
Big Data is no longer niche, having matured over the years into mainstream. It is everywhere – sports, healthcare, retail and the security industry to name a few areas. Elections are won by leveraging Big Data. Even Dilbert has a take on it. 2013 will be another exciting year for Big Data.”
Some of the key trends include:
M&A: Analysts predict that Big Data technology and services will reach ~$10 billion in 2013, primarily…
How To Get The Most Out Of Your Big Data Project
Big data is a big deal, transforming the way organizations understand their customers, their operations, their forecasting, and so much more. McKinsey Global Institute claims it is “the next frontier for innovation, competition, and productivity.”
This would explain why 85% of a recent NewVantage Partners study shows their respondents have big data projects already underway. There is real value in doing this, despite the upfront costs to get it going.
More and more organizations want to recognize the benefits of their already engaged peers, so many are attempting to…
Big Data Is Not About Size
By David Jonker
Only 50% of the term Big Data is correct – it’s about data but it’s not primarily about ‘big’. Size or volume of data isn’t the ‘big’ issue. For that matter it’s not primarily about variety either. While both of those factors play important roles, they are only important because of their impact on velocity.
Data storage never was the problem
Traditional relational databases have been able to store massive data sets for a long time. An Oracle 10g database can store over 8 Petabytes while for many years DB2 databases have been capable of storing well over…
Big Data And Side Effects: No, This Is Good News
No kidding. The label on the vial of pills I was taking for vertigo warned that they might make me dizzy. Well, at least the vertigo was under control.
Despite all of the research the pharmaceutical companies do on their products, not all of their side effects are immediately identified. That’s why the Food and Drug Administration asks physicians to report side effects through a system known as the Adverse Event Reporting System. Assuming patients report the side effects and the docs…
What Weather Forecasting Can Teach Us About Big Data
Weather forecasting provides a view into real clouds (the fluffy things in the sky). Weather forecasting also sheds light on decision-making in the age of Big Data. So there is an 80% chance of value below.
In his book “The Signal and the Noise”, statistician, psephologist and blogger Nate Silver delves into the world of predictability. (A psephologist is someone who scientifically analyzes elections.) Silver gained notoriety with his political blog www.fivethirtyeight.com, and more importantly, correctly predicting the outcome of race in 49 out…
How Big Data Will Change The Future Of Baseball
Big Data + Baseball is A Game Changer
A new technology has been implemented at major league ballparks around the country, and it might just make the now-famous “Moneyball” style of play look like Little League.
A company called Sportvision has developed FIELDf/x, a means to digitally track and record the position of all players and every hit ball in real time.
By pairing live camera feeds with object recognition and tracking abilities, then feeding its observations to computers,…
Big Data Streamlines The Workplace And May End Telecommuting
Yahoo! CEO Marissa Mayer used data analytics to justify her company’s ban last week on telecommuting, according to Business Insider. It seems Mayer doesn’t do much without lots of data backing her up.
VPN records allegedly indicated that Yahoo! employees were not “working” while working from home.
In this case, Mayer consulted logs from Yahoo!’s Virtual Private Network (VPN), which employees use to remotely access the company’s network. Since…
From The Frontiers Of Cognitive Science: Big Data Meets Tiny Baby
Imagine video-recording just about everything that happens in your home – and then analyzing hundreds of thousands of hours to discover the secrets of how children acquire language. That’s what MIT researcher Deb Roy did, recording about a quarter million hours of video of interactions with his infant son.
Documenting the Birth of Language
Roy shares his discoveries in his TED talk “The Birth of a Word.” In this talk, we hear – compressed into 40 seconds – how over a period of 6 months the baby goes from “ga-ga” to “water.” We see a map…
#GartnerBI and Big Data: Fear, Loathing, and Business Breakthroughs
At the Gartner Business Intelligence and Analytics Summit in Barcelona, there was near universal agreement about three things to do with “big data”
It’s an awful term (but we’re stuck with it)
Whatever it means, it’s a big deal, and requires big changes to traditional information infrastructures
It will result in big new business opportunities
“Big Data” is a terrible term
Gartner analyst Doug Laney first coined the term “big data” over over 12 years ago (at least in its…
Big Data Can Save Lives — If Culture and Strategy Let It
Big Data can be a life saver, figuratively and literally. We’ve all heard about how Big Data can save time and money, but 87 percent of federal IT officials think that real-time Big Data could save a significant number of lives each year.
Lifesavers aren’t much good if rescuers don’t use them, and a Big Data strategy isn’t much good if an organization’s culture doesn’t support it.
But changes in strategy, like putting…
Big Data Could Become Big Business For Telcos
Mobile operators are getting into the business of aggregating and selling customer data to advertisers. Is there a way to scale Telco big data, or are they trying to harness the ocean?
Your mobile operator knows a lot about you. It knows which cell towers you connect to and when, so it knows where you are generally, and can guess where you live and work.
Your operator knows which websites you go to on all your mobile devices. For example, an operator could potentially see if you went to the Best Buy…
Why Big Data Is Getting The Bully Treatment
In the popular middle-grade novel, Blubber, author Judy Blume relates a truly heartbreaking story of a group of bored fifth graders suddenly taking to tormenting one of the girls in their class.
In a space vacated by indifferent and lifestyle-preoccupied adults, Wendy, a shrewd fifth grader, directs a clique of classroom taste-makers to expand a private joke into methodical humiliation of a classmate.
Linda, the bullying victim, is introverted, plain, and chubby, having done nothing to attract such cruelty, and lacking the skills to fight back effectively. Linda gained…
Make Intelligent Decisions With Big Data [Infographic]
Just because it’s big, doesn’t mean it’s bad so don’t be afraid of it. It’s helping the CDC save you from the closest flu outbreak, it’s fighting pirates, and it’s also helping sales & marketing departments everywhere.
It’s big data and it is a big opportunity for business despite the bleak economy.
How is it doing these things? Well by just being big data. Each year companies and collecting more and more data on their customers, their products, what’s being said about their products on social media, and so on. They’re taking this big data information and making intelligenct…
Government Big Data Encourages Innovation
One good thing about taxes is that they get citizens invested in government — literally. Taxpayers want to be sure that the government spends their money sensibly, but first they must know how their hard-earned cash gets spent. That’s where government big data gets involved.
The City of Edmonton works in an open-data and open-government manner. (Photo from SAP TV)
“The public seeks transparency not for the sake of…
Mo Data, Mo Problems: 7 Inconvenient Truths About Big Data
Type the term, “big data” into Google, and you’ll indeed get big results. Almost a billion of them.
By my rough estimate, about a third of those results will be startups that profess to be changing the world with big data. Another third are VCs, OpenView included, quoted in TechCrunch about their latest Big Data investment. The remainder are Fortune 500 executives explaining how Big Data is their number one priority for 2013.
In short, everyone wants data, and the bigger the better.
Big Data – Only For Big Players?
By Sebastian Nikoloff
A recent study by Aberdeen reveals the potential in Big Data that has not yet been tapped – and not only for the big fish out there, as it turns out.
Photo: iStockphoto
Think Big Data is only something for big companies? Think again. Small organizations in particular can benefit from this phenomenon, as well. Just as their larger counterparts chew through petabytes of information, small businesses and midsize companies can learn much from their own terabytes.
The pressure faced by IT departments and the business side of operations, is…
Big Data: 2013 Trends And Predictions
At the end of December three Big Data minds came together for a Google+ Hangout held by BackBone Media to discuss the Top Big Data Trends for 2013.
Ellis Booker, community editor for the Big Data section at Information Week was the host and MC. Guests were Gregory Piatetsky, Editor at KDNuggets.com; Nancy Kopp-Hensley, Director of Big Data Strategy at IBM, and SAP’s David Jonker, Director.
As the panelists agreed, big data has always been around, but nowadays it’s trendy. Companies are investing a lot of money…
Who’s Afraid Of The Big, Bad…Data?
Those of you familiar with the children’s story, “The Three Little Pigs,” know that a big bad wolf visits each of the pigs’ houses in anticipation of a savory meal.
However, (spoiler alert here) only one little pig’s house ends up being strong enough not to be blown over by the big bad wolf.
Well, that’s because that smart little pig knew that having a strong foundation for his house—in this case building it with bricks and mortar —would shield and protect his investment…
The In-Memory Database Revolution
By Carl Olofson, Research Vice President, Application Development and Deployment at IDC
This is a seminal moment in the history of database technology: a moment when the dominant paradigms for database management for the past 40 years are being challenged by new approaches designed to take advantage of changes in system power and architecture and shifts in the underlying cost structure.
We are seeing the convergence of very fast, multi-core processors, lower cost main memory, and fast, configurable networks with demand for extreme transaction rates, high speed complex queries,…
Speedy In-Memory Databases Put Lid On Costs
Source: cornelius30
With big data raining down on enterprises, it’s DBAs (database administrators) who are stuck trying to weather the storm. Their work is particularly arduous because vast increases in data volumes mean significantly more disk capacity to manage. Disk optimization becomes practically a full-time job.
With 20th century databases, disk optimization was a necessary art for a DBA. The best DBAs gave it a lot of thought. A lot. It even became an essential part of a DBA’s education. That’s because without the…
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