Volume
(the “big”
part)
Pick
any
Velocity
two Variety
(the “fast” (the
part) “anything” part)
Big Data is the Third Age of computing
Computing Networking Big Data
Automate Interconnect Predict & change
things things things
(Jim Stodgill of O’Reilly Radar said this.)
Enterprises expect Big Data to deliver better
decisions and improved customer experiences
What tangible benefits do you hope to achieve
through your big data initiatives?
NewVantage Partners LLC www.newvantage.com
(And apparently Hadoop is winning)
What data management approaches
are you considering?
NewVantage Partners LLC www.newvantage.com
“End of Day Balance will only appear for dates previous to
the last 2 business days.”
“Transactions from today are reflected in your balance, but
may not be displayed on this page if you recently updated
your bankbook, if a paper statement was recently issued, or
if a transaction is backdated. These transactions will appear
in your history the following business day.”
“…nobody notices offers they do not
get. And if these absent opportunities
start following certain social patterns
(for example not offering them to
certain races, genders or sexual
preferences) they can have a deep civil
rights effect.”
Anders Sandberg, Oxford University
It’s really hard to find people who can think
about data well
How challenging is it to source data scientists?
NewVantage Partners LLC www.newvantage.com
Mistake correlation for causality
Seek truthiness rather than fact
Find patterns where they don’t exist
Easily swayed by tone
Side with our tribes
Dig in and ignore new evidence