Open ended-questions. What are your thoughts, how would you answer the following questions? Feel free to select a few of these questions (or create your own) and provide an answer in the "Comments" section. I'll add my own answers in the next few days.
- Should companies embrace big data? Which ones (start-ups, big-companies, tech companies, retail, health care)? And how? Using vendors, outsourcing or by hiring employees? And how do you measure ROI on big data? Should they use redundant data to consolidate KPI's?
- What do you consider to be big data? I tend to think of big data as anything 10 times larger (in terms of megabytes per day) than the maximum you are used to. Also, sparse data might not be as big as they look, can be costly to process. Is there a price per megabyte, for big data storage, big data transfers, and big data analytics?
- How did you become interested in data science?
- What is the difference between data science, statistics, machine learning, and data engineering? Do you think an hybrid role (cross-disciplines) would be helpful (helpful to small companies, or helpful to the analytic practitioner as it opens up more job opportunities?
- What kind of training do you recommend for future data scientists? Any specific program in mind?
- How to get university professors more involved in teaching students how to process real live, big data sets? Should curricula be adapted, outdated material removed, new material introduced?
- During my first year in my PhD program, I worked part-time for a high-tech small company, in partnership with my stats lab. This was a great experience - being exposed to the real world, and decently paid to do my PhD (in Belgium in 1988). How to encourage such initiatives in US?
- Besides Hadoop-like and graph database environments, do you see other technology that would made data plumbing easier for big data?
- Does it make sense to try to structure un-structured data (using tags, NLP, taxonomies, etc.)
- Can you tell me 5 business activities that would benefit most from big data, and 5 that would benefit least?
Thought leaders are invited to answer these questions and submit their interview with Dr. Granvlle, to [email protected] Interviews will be published on DSC, and featured in our weekly digest.