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Will The Big Data Bubble Burst In 2013?
I am going to go out on a limb, put a prediction in writing, and hope that I’m not eating serious humble pie in 12 months! I predict that in 2013, the big data bubble will begin to spring some serious leaks. The bubble may not fully burst in the
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The Global Nature Of Big Data And Analytics
In the past few months, in addition to my usual travel around the United States, I have had the pleasure of visiting both Europe and Asia to meet with customers and discuss analytics and big data. It was very interesting to me how similar the conversations were regardless of where
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Think Differently To Maximize Value From Big Data Analytics
There are many challenges to incorporating big data into analytic processes - technical, skill set, and cultural challenges for example. But you must also consider the challenge of thinking differently about the analytics you need to do and how you will go about doing them.You can’t just focus on how
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A Unified Environment For Big Data Analytics
It is challenging to make big data simple to access and easy to analyze. While there are many reasons for this, the one I want to focus on here is that handling big data, given how big data projects are usually implemented today, requires users to learn new tools and
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Helpful Or Creepy? Avoid Crossing The Line With Big Data
One of the most discussed concerns surrounding big data today is privacy. While many powerful analytics are possible with the detailed data that is now collected on each of us, the sensitive nature of much of that data requires rethinking data practices and applications. This can include everything from how
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Assumptions Can Be Risky In A Big Data World
Any new analytic process will include assumptions about a wide range of areas including what actions will realistically be considered based upon the results, what metrics or methodologies will be best to utilize, and also what initial values to set for any inputs such as inflation rates. When working with
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The Rise of Analytics 3.0
INTRODUCTIONBig-thinking gurus often argue that we have moved from the agricultural economy to the industrial economy to the data economy. It is certainly true that more and more of our economy is coordinated through data and information systems. However, outside of the information and software industry itself, it’s only over
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Big Data Analytics Doesn't Have To Be The Wild West
To many, big data feels like the wild west; little or no structure or standards and an unclear picture of how to use the data for analysis. Will there ever be a day when big data will become easier to work with?Yes!!! In fact, you can begin to standardize and
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Is Big Data Changing The Business You Are In Without You Realizing It?
Throughout my career, one of the primary ways to classify a company has been its industry. Knowing a company’s industry gave you a solid start on understanding the company. From an analytics perspective, you could make highly accurate assumptions about what data an organization would have, what problems it was
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Will Human Analysts Ever Go Away?
Once a week or so I hear from vendors who are creating the “data scientist in a box.” They say they can use software and hardware to get rid of those pesky human data scientists. Somewhat less frequently I hear from senior managers that they want to pursue analytics without