Big Data jobs are definitely sexy – just as Google’s chief economist Hal Varian predicted they would be, back in 2009. In the increasing number of organizations where data science is valued, data scientists know they are working on the cutting edge solving problems in ways no one has thought of before. They generally command very decent salaries, too.…Continue
Hadoop – the software framework which provides the necessary tools to carry out Big Data analysis – is widely used in industry and commerce for many Big Data related tasks.
It is open source, essentially meaning that it is free for anyone to use for any purpose, and can be modified for any use. While designed to be user-friendly, in its “raw” state it still needs considerable specialist knowledge to set up and run.
Because of this a large number of commercial versions have come…Continue
As with any business initiative, a Big Data project involves an element of risk. Any project can fail for any number of reasons - bad management, under-budgeting or a lack of relevant skills. However Big Data projects, due to their nature, bring their own specific risks.
Due to the advanced technology often needed, and the relative newness of the skillsets required to truly “think Big” (or as I prefer to say, “…Continue
Added by Bernard Marr on September 28, 2015 at 4:00pm — No Comments
The oil and gas industries are facing major challenges - the costs of extraction are rising and the turbulent state of international politics adds to the difficulties of exploration and drilling for new reserves.
In the face of big problems, its key players are turning to Big Data in the hope of finding innovative solutions to these pressing issues.
Big Data is the name used to describe the theory and practice of applying advanced computer analysis to the ever-growing amount of…Continue
With all this talk of terabytes and petabytes of digital information zipping around the world at the speed of light, it’s sometimes easy to forget about the humble book!
After all pretty much all you could ever practically need to know is probably conveniently available on a blog, Google Hangout or SlideShare presentation somewhere.
But to many of us, books are special – and whether you are so attached to the feel of turning paper pages between your fingers that you would never…Continue
We all know companies are collecting more and more data, and many are using it to come up with amazing insights. In fact just about every industry is going through rapid change thanks to harnessing the power of Big Data and smart analytics.
But is collecting huge amounts of data always a good thing? As you can guess from the title, my opinion is that it probably is not!…Continue
What if the computer algorithms could tell more compelling stories than journalists, writers or business analysts? Well, this is increasingly becoming a reality. A new generation of Big Data tools are being put to automate story telling.
Source for picture: …Continue
One of my favorite examples of why so many big data projects fail comes from a book that was written decades before “big data” was even conceived. In Douglas Adams’ The Hitchhiker’s Guide to the Galaxy, a race of creatures build a supercomputer to calculate the meaning of “life, the universe, and everything.” After hundreds of years of processing, the computer announces that the answer is “42.” When the beings protest, the computer calmly suggests that now they…Continue
Added by Bernard Marr on September 3, 2015 at 8:30pm — No Comments