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Archived IT - Big Data Articles
14 May 2013
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Big Data Fail: Five Principles to Save Your BI Butt [31044]
CIO Insight, May 14th, 2013

"Much of the great promise of business intelligence (BI) goes unrealized because decision makers aren't using the decision support systems in any meaningful way. The vast majority of big data and business analytics projects implemented by normal companies suffer from chronic underuse. Big data. Magical business analytics. Such topics are all the rage these days.

I hate to be the one pointing out the fact that the emperor has no clothes (well, not really, I kinda like that role actually). But the fact of the matter is that the vast majority of big data and magical business analytics projects fail. Not in a great big system-won't-work way, but in a more insidious and hidden way. They fail because the users don't use them..."
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13 May 2013
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A Very Short History of Big Data [31043]
Forbes, May 13th, 2012

"The story of how data became big starts many years before the current buzz around big data. Already seventy years ago we encounter the first attempts to quantify the growth rate in the volume of data or what has popularly been known as the 'information explosion' (a term first used in 1941, according to the Oxford English Dictionary). The following are the major milestones in the history of sizing data volumes plus other 'firsts' in the evolution of the idea of 'big data' and observations pertaining to data or information explosion..."
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13 May 2013
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Do you Really Need to Embrace Analytics? [31045]
Information Management, May 13th, 2013

"If you have not witnessed the deluge of big data and business analytics media coverage to date, then welcome back from the coma you were apparently in for the last couple of years. For the rest of you, perhaps you have the same nagging question that I have: Are big data and business analytics such a big deal that if our organization is late to the party in deploying them, we will never catch up to our competitors?..."
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13 May 2013
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Why RAID Is Dead for Big Storage [31046]
Storage Newsletter, May 14th, 2013

"Data is exploding, growing 10X every five years. In 2008, IDC projected that over 800EB of digital content existed in the world and that by 2020 that number is projected to grow to over 35,000EB. What's fueling the growth? Unstructured digital content.

Over 90% of all new data created in the next five years will be unstructured digital content, namely video, audio and image objects. The storage, archive and backup of large numbers of digital content objects is quickly creating demands for multi-petabytes TBs storage systems..."
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06 May 2013
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Bank of America CIO on Big Data, Emerging Enterprise Tech [30939]
Information Management, May 5th, 2013

"Catherine Bessant hates the phrase 'Big Data.'

'As a term, it means different things to different people, and it creates a black box or a mystery around data,' says Bessant, who is head of global technology and operations at Bank of America; the bank's CIOs report to her and she reports directly to CEO Brian Moynihan. 'I think making data a black box works against its use. It overcomplicates the topic, when all you're really trying to do is add up the sum of the micro transactions to tell you something you couldn't see' before..."
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06 May 2013
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Big Data Analytics Provides a Financial Edge [30940]
Baseline, May 5th, 2013

"From now through 2020, the digital universe will double every two years, according to research from IDC. By then, the total amount of digital data will equal 40,000 exabytes. To put that into context, a single exabyte is big enough to contain 50,000 years' worth of DVD-quality videos. Unfortunately, only a tiny fraction of the digital universe is being explored for analytic value, IDC reports..."

  • Big Edge With Big Data
  • Job Description
  • Prime Positions
  • Mandatory Duty
  • Minority Opinion
  • Professionals Who Say Data Is "Extremely Important"
  • Strategies to Promote a Data Culture

Read on for details.
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