Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    data analytics in ecommerce
    Analytics Technology Drives Conversions for Your eCommerce Site
    5 Min Read
    CRM Analytics
    CRM Analytics Helps Content Creators Develop an Edge in a Saturated Market
    5 Min Read
    data analytics and commerce media
    Leveraging Commerce Media & Data Analytics in Ecommerce
    8 Min Read
    big data in healthcare
    Leveraging Big Data and Analytics to Enhance Patient-Centered Care
    5 Min Read
    instagram visibility
    Data Analytics Plays a Key Role in Improving Instagram Visibility
    7 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: What is the Biggest Challenge for Big Data?
Share
Notification Show More
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > Data Mining > What is the Biggest Challenge for Big Data?
AnalyticsBusiness IntelligenceData MiningData QualityDecision Management

What is the Biggest Challenge for Big Data?

TonyBain
TonyBain
4 Min Read
SHARE

Often I think about challenges that organizations face with “Big Data”.  While Big Data is a generic and over-used term, what I am really referring to is an organization’s ability to disseminate, understand and ultimately benefit from increasing volumes of data.  It is almost beyond question that in the future customers will be won/lost, competitive advantage will be gained/forfeited and businesses will succeed/fail based on their ability to leverage their data assets.

Often I think about challenges that organizations face with “Big Data”.  While Big Data is a generic and over-used term, what I am really referring to is an organization’s ability to disseminate, understand and ultimately benefit from increasing volumes of data.  It is almost beyond question that in the future customers will be won/lost, competitive advantage will be gained/forfeited and businesses will succeed/fail based on their ability to leverage their data assets.

It may be surprising what I think are the near term challenges.  Largely I don’t think these are purely technical.  There are enough wheels in motion now to almost guarantee that data accessibility will continue to improve at pace in-line with the increase in data volume.  Sure, there will continue to be lots of interesting innovation with technology, but when organizations like Google are doing 10PB sorts on 8000 machines in just over 6 hours – we know the technical scope for Big Data exists and eventually will flow down to the masses, and such scale will likely be achievable by most organizations in the next decade.

Instead I think the core problem that needs to be addressed relates to people and skills.  There are lots of technical engineers who can build distributed systems, orders of magnitude more who can operate them and fill them to the brim with captured data.  But where I think we are lacking skills is with people who know what to do with the data.  People who know how to make it actually useful.  Sure, a BI industry exists today but I think this is currently more focused on the engineering challenges of providing an organization with faster/easier access to their existing knowledge rather than reaching out into the distance and discovering new knowledge.  

The people with pure data analysis and knowledge discovery skills are much harder to find, and these are the people who are going to be front and center driving the big data revolution.  People who you can give a few PB of data too and they can provide you back information, discoveries, trends, factoids, patterns, beautiful visualizations and needles you didn’t even know were in the haystack.

These are people who can make a real and significant impact on an organizations bottom line, or help solve some of the world’s problems when applied to R&D.  Data Geeks are the people to be revered in the future and hopefully we see a steady increase in people wanting to grow up to be Data Scientists. 

TAGGED:big databusinessemployeesmanagement
Share This Article
Facebook Twitter Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

AI for MSPs
Autotask and ConnectWise Prove the Benefits of AI in IT
Artificial Intelligence Exclusive
gamer laptops
Data-Driven Tips to Choose the Perfect Gamer Laptop
Best Practices Reviews
smart crosswalk
AI Reduces Pedestrian Collisions With Smart Crosswalks
Artificial Intelligence Exclusive News
ai success
How Leaders Can Unlock AI’s Full Potential for Business Success
Artificial Intelligence Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

big data in the gaming industry
Big DataExclusive

Big Data In The Gaming Industry Makes A Massive Impression

5 Min Read

Connection Cloud: Realizing Value from Proliferating Siloed Data Stores and BI

7 Min Read
big data IoT blockchain Trio
Big DataBlockchainInternet of Things

Big Data, IoT And Blockchain: Benefits Of Merging The Trending Trio

8 Min Read
big data and dmps
Big DataExclusiveSoftware

Fascinating Ways Big Data and DMPs Are Disrupting Online Publishing

5 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive
ai chatbot
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
Chatbots

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-24 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?