the fourfold path of big data (@markjuviler)
TRANSCRIPT
OVER THE PAST DECADE ALONE ,BIG DATA ANALYTICS (BDA ) HAS
SEEN HUGE LEAPS ECONOMICALLY ,TECHNOLOGICALLY , AND
THEORETICALLY .
AT SOME POINT INTHE FUTURE ,
BUSINESSES ANDINDIVIDUALS WILLBE FEELING THEBENEFITS OF BIG
DATA IN A TRULY BIGWAY .
BUT IF COMPANIESHOPE TO GET THEMOST OF BDA ,
THEY ’RE GOING TONEED TO
APPROACH ITWITH A FOURFOLDPATH IN MIND .
RIGHT DATA
THE QUESTION IS NO LONGER HOWMUCH DATA , BUT WHICH DATA TOLOOK AT .
YOUR ORGANIZATION NEED TO BESOMEWHAT SELECTIVE IN THEAMOUNTS OF DATA THAT IT ’SANALYZING .
RIGHT DATA
MAKE SURE THAT YOURDATA IS
Data More DataEven More Data
RELEVANT TO YOUR DESIREDOUTCOMEUP-TO-DATEPORTRAYED IN A WAY THATMAKES SENSE TO YOUR AUDIENCE
RIGHT PEOPLE
NOW IT ’S COMMONPLACE FOR UNIVERSITIESAND TECHNICAL SCHOOLS TO OFFER DEGREESNOT ONLY IN DATA SCIENCE , BUT ALSO DATAENGINEERING , ANALYTICS ARCHITECTURE , IN
ADDITION TO A NUMBER OF FOCUSEDPROGRAMS THAT COVER EVERYTHING FROM
APACHE HADOOP TO SQL .
YEARS AGO NO ONE KNEWWHAT A DATA SCIENTIST WAS .
RIGHT PEOPLE
MAKE SURE THAT YOUR BDATEAM IS WELL-ROUNDED .
BONUS : MAKE SURE THAT YOU HAVE SOMEONE WHOCAN TRANSMUTE YOUR NUMBER-HEAVY CONCLUSIONS
INTO DIGESTIBLE INFOGRAPHICS AND OTHERVISUALIZATIONS .
RIGHT TECHNOLOGY
BDA IS A CUTTING EDGE FIELDTHAT REQUIRES CUTTING EDGE
TECHNOLOGY .THERE’S NOSHORTAGE OFOPTIONS TOINVEST IN:INCREASEDMEMORY,PARALLELPROCESSING,GRID COMPUTING,AND SOONQUANTUMCOMPUTING.
RIGHT TECHNOLOGY
THERE ARE A NUMBER OFOPTIONS AND THEY ARE ONLYGOING TO CONTINUE TO GROW .DON ’T GET OVERWHELMED
WITH THE OPTIONS .
INVEST OVER TIME IN EQUIPMENT THAT FITSYOUR BUDGET AND YOUR PURPOSE (CLOUD ,
MOBILE , SAAS , ETC . ) AND ONCE YOU ’RE ABLE TOPROVE IT ’S WORTH , THEN CONSIDER THAT HEFTY
UPGRADE .
RIGHT SITUATION
ONCE THAT ’S ESTABLISHED , MAKESURE THAT YOUR COMPANY ISUSING BIG DATA WITH A PURPOSE .
IF YOUR COMPANY PLANSON USING BIG DATA , MAKESURE THAT EVERYONE
(ESPECIALLY MANAGERS )KNOW WHAT BIG DATA ISAND HOW IT WILL BE USED .
RIGHT SITUATION
SET YOURSELF UP FOR SUCCESSBY APPROACHING YOURANALYTICS WITH
A DESIRED USEFUL OUTCOME A LIMITED SET OF DATAAND THE GOODWILL OF THOSE INTHE COMPANY WHO ARE NOTDIRECTLY INVOLVED IN BDA