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Noreen Seebacher

5 Big-Data Insights From Matt Turck

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WaqasAltaf
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Re: Hype leads reality
WaqasAltaf   11/26/2012 8:56:31 AM
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@ Pierre

A problem of big-data projects is that they are of complex nature and require reasonable technical and human resources and oversight if they are to be executed effectively. Also the problem is that most companies lack experience in big data projects therefore there are many unforeseen setbacks. The solutions are to plan well or hire consultants who are experts in the field. I am commenting very vaguely and generally. Ofcourse there are many things to look at and also, some companies might think that big-data projects are easily manageable and of simple nature.

Pierre DeBois
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Re: Hype leads reality
Pierre DeBois   11/25/2012 10:24:54 AM
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@WaqueAtlaf

Reading between the lines is a good point - IT and anyone with tech in their responsiblity scope are sometimes approached with a light-switch mentality.  In other words, decisions and information are shared as if the team can be started or stopped instantaneously.  That can be a costly decision-making process if management does not apply good time management techniques. Managing technical resources is critical to project success and ensuring that poorly performing projects have a minimal cost to resources.   

WaqasAltaf
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Re: Hype leads reality
WaqasAltaf   11/25/2012 2:33:44 AM
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@ Pierre

IT professionals have seen it time and time again.  It may be a while before any signs of burn out are revealed"


It may even be difficult for people like us to get aware of the burn-outs as many corporates wont disclose their failure to us i.e. if they realize that their big-data projects are a failure. What the executives will reveal to the press is that big data concept is new to the information industry and there is lot to be learnt. You just have to read between the lines and figure that it is an announcement of failure or criticism on the people responsible in their organizations.

WaqasAltaf
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Experimental phase
WaqasAltaf   11/25/2012 2:27:57 AM
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It is true that big data, if taken as an industry to evaluate, has not gone beyond the immature or experimental phase. In case of many companies, it is just now that they are beginning to even think that they need data analysts in their HR pool for the task as specialists and the all-rounder financial analysts are too less-knowledgeable for handling the big quantum data in an effective manner.

Louis Watson
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Re: Hype leads reality
Louis Watson   11/23/2012 1:04:57 AM
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To be honest I didn't see anything in the list that I was not aware of but I guess I understand big data issues a little better than the "average person", that aside as with any new area of study it will take time for theory to become reality but it is IMO a certainty because we as a society are moving towards ever more data not less.

 

So whether businesses want to or not - big data is an issue they must confront eventually.

PredictableChaos
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Re: Hype leads reality
PredictableChaos   11/20/2012 2:24:04 PM
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Over-hyped doesn't mean Big Data won't change how we work and live. Most everything that makes a difference goes through stages of over-optimism, followed by over-pessimism before settling into reality. 

For Big Data, the expected timeline is shorter than most of the other technologies that are at the same stage of the hype cycle - Big Data is projected to be mainstream in just 2 to 5 years:



Source - Gartner Hype Cycle Chart

Pierre DeBois
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Re: Hype leads reality
Pierre DeBois   11/20/2012 11:36:47 AM
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Alexis, it's a strong possibility that the big data may be hyped passed the actionability busineses can take.  IT professionals have seen it time and time again.  It may be a while before any signs of burn out are revealed.  I think a determining factor is the amount of actionable results that are announced related to big data.  To me it is in the same boat at Facebook commerce - it will come but not without some trial and error before a strategy an be widely used.

Alexis
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Re: Hype leads reality
Alexis   11/20/2012 11:33:11 AM
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Will the hype become so ubiquitious that businesses become jaded, and miss great opportunities in big-data?

Pierre DeBois
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Re: Hype leads reality
Pierre DeBois   11/20/2012 8:30:22 AM
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The gap between excitement and reality will change as more companies discover economic value from their big data effort.  Until then, the hype will outstrip the reality, though I don't think anything will be solely flights of fancy.

PredictableChaos
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Hype leads reality
PredictableChaos   11/19/2012 6:41:40 PM
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there's a bit of a gap between all the excitement...and the reality of what most large companies are doing with big-data technologies

I would agree.

As would Gartner, which shows  "Big Data" is still on the upswing in the Hype Cycle. (Look in the Technology Trigger section, about half-way up the ramp.)

PC 

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