Friday, July 27, 2012

Big Data: Approaches, Myths & Skills


Last month, my 18-year old daughter asked me about Big Data. This is my first sure sign that a technology has reached a fever pitch in the hype cycle.  Ironically, I found that as I explained this
enterprise IT topic to my daughter, our conversation and the questions she asked did not vary greatly from many conversations I’ve had with other CEOs, journalists, financial analysts and industry colleagues.  Despite how widely Big Data is being covered these days, it appears to me that Big Data is a big mystery to many.


Trying not to be labeled a cynic, I have three big worries about Big Data:

1. My biggest worry is the poor percentage of successful Big Data projects that will emerge as we too quickly throw these new technologies at a wide variety of prospective projects in the enterprise
2. The low success rate of Big Data projects will be amplified by the current hype and subsequent misconceptions about Big Data technologies, and
3. This low project success rate could stay challenged over time because of the relative dearth of
knowledgeable, data-savvy technology and business professionals ready for a world where data are plentiful and analytic skills are not.

Successful Big Data Projects

As organizations race to evaluate and pilot Big Data tools and technologies, in search of an answer to a Big Data opportunity, I’ve seen evidence that architectural steps are being skipped in favor of speed.  Sometimes, speed is good.  In the case of Big Data, building the right data and platform architecture is critical to actually solving the business problem, which means the right amount of thoughtful planning should occur in advance.  Many missteps could be avoided by simply being clear up-front on the business problem (or opportunity) to be solved and how quickly the data must be used to enable a solution (i.e., how much latency is acceptable?).

Recently, I’ve tried to do my part to help explain successful Big Data (technical) architectures by starting with three simple, latency-driven approaches.  The specifics, including an architectural diagram, are described in my recent E-Commerce Times article, entitled “Match the Big Data Job to the Big Data Solution.” We’ve also posted additional graphics and explanation to the Big Data section of the Jaspersoft website.

Big Data Misconceptions (or Myths)
To reduce the hype, first we must overcome the misconceptions. My many conversations on the topic of Big Data yield equally many misconceptions and misunderstanding. Some examples of the most common myths: Big Data is all unstructured, Big Data means Hadoop and Big Data is just for sentiment analysis. Or course, each of these myths is only partially true and requires a deeper understanding of the technologies and their potential uses to gain real clarity.


I’ve recently offered a brief article that seeks to dispel the “Top 5 Myths About Big Data.” Published last month on Mashable. The article has garnered some great comments with the most completewritten by IBM’s James Kobielus. James improves and amplifies several of my major points. I hope you’ll join the conversation.

Analytic Skills Shortage
Worldwide digital content will grow 48% in 2012 (according to IDC), reaching 2.7 zettabytes by the end of the year.   As a result, big data expertise is fast-becoming the “must-have” expertise in every organization.  At the same time, in its 2011 research report, titled “Big data: The Next Frontier for Innovation, Competition, and Productivity,” McKinsey offered the following grim statistic:

“By 2018, the United States alone could face a shortage of 140,000 to 190,000 people with deep analytical skills as well as 1.5 million managers and analysts with the know-how to use the analysis of big data to make effective decisions.”

Without the solid analytic skills needed to support a growing array of Big Data projects, the risk potential grows rapidly.  Anyone in or near data science should take the coming skills shortage as a call-to-arms.  Every college and university should be building data analytics coursework into compulsory classes across a wide variety of disciplines and subject areas. Because of its importance, I’ll save this Big Data skills topic as the thesis for a future post.

Despite these primary worries, I remain hopeful (even energized) by the enormous Big Data opportunity ahead of us.  My hope is that, armed with good information and good technology, more Big Data customers and projects will become more quickly successful.

Brian Gentile
Chief Executive Officer
Jaspersoft Corporation

70 comments:

  1. I really expect you'll tell us what kind of skills for big data analytic.

    ReplyDelete
  2. You re in point of fact a just right webmaster. The website loading speed is amazing. It kind of feels that you're doing any distinctive trick. Moreover, The contents are masterpiece. you have done a fantastic activity on this subject! big data analytics

    ReplyDelete
  3. The beginning of BigData has made occupation titles, for example, the previously mentioned, which are not selective to BigData ventures. data science course in pune

    ReplyDelete
  4. Well, The information which you posted here is very helpful & it is very useful for the needy like me.., Wonderful information you posted here. Thank you so much for helping me out to find the Data science Course in Mumbai Organisations and introducing reputed stalwarts in the industry dealing with data analyzing & assorting it in a structured and precise manner. Keep up the good work. Looking forward to view more from you.
    Data science course in mumbai

    ReplyDelete
  5. I am looking for and I love to post a comment that "The content of your post is awesome" Great work!
    ExcelR data science course in mumbai

    ReplyDelete
  6. Great post i must say and thanks for the information. Education is definitely a sticky subject. However, is still among the leading topics of our time. I appreciate your post and look forward to more.
    data analytics course mumbai
    data science course in mumbai

    ReplyDelete
  7. Here comes the Expert Market Reach offers Digital Marketing Couse in Vizag at a low price.
    Expert Market Reach gives live projects and paid Internships for offline and online Students.
    so people Who are intersted just visit Digital Marketing Course in Vizg

    ReplyDelete
  8. Here Comes the Bhoomatha Real Estate company to sell the plots for people at people's medium budget. we have Vizag, Vijayawada, Vizianagaram.plots nearby cities .we provide all things for customers to live happily.So people who are interested to buy lands in Vizag just visitReal Estate In Vizag

    ReplyDelete
  9. One stop solution for getting dedicated and transparent Digital Marketing services and
    We take care of your brands entire digital presence.
    The digital marketing services we provide includes SEO, SEM, SMM, online reputation
    management, local SEO, content marketing, e-mail marketing, conversion rate
    optimization, website development, pay per click etc. We will definitely promote your
    brand, product and services at highest position with consistency in order to generate
    more revenue for your business.Digital Marketing
    Services

    ReplyDelete
  10. After reading your article I was amazed. I know that you explain it very well. And I hope that other readers will also experience how I feel after reading your article.

    data science course
    360DigiTMGdata science course
    360DigiTMGdata science course
    360DigiTMG

    ReplyDelete
  11. Great post i must say and thanks for the information. Education is definitely a sticky subject. However, is still among the leading topics of our time. I appreciate your post and look forward to more.

    business analytics course

    data analytics courses in mumbai

    data science interview questions

    data science course in mumbai

    ReplyDelete
  12. Study ExcelR Business Analytics Course where you get a great experience and better knowledge.
    Business Analytics Course

    ReplyDelete
  13. Excellent Blog! I would like to thank for the efforts you have made in writing this post. I am hoping the same best work from you in the future as well. I wanted to thank you for this websites! Thanks for sharing. Great websites!
    data science course
    data science course in malaysia
    data science certification
    data science course malaysia
    data scientist course in malaysia

    ReplyDelete
  14. I'm not one of those perusers that remarks on articles frequently, yet yours truly constrained me. There's a ton of fascinating substance with regards to this article is intriguing and intense.


    SEO services in kolkata
    Best SEO services in kolkata
    SEO company in kolkata
    Best SEO company in kolkata
    Top SEO company in kolkata
    Top SEO services in kolkata
    SEO services in India
    SEO copmany in India

    ReplyDelete
  15. Through this post, I know that your good knowledge in playing with all the pieces was very helpful. I notify that this is the first place where I find issues I've been searching for. You have a clever yet attractive way of writing.
    data analytics courses

    ReplyDelete
  16. You completed certain reliable points there. I did a search on the subject and found nearly all persons will agree with your blog.
    Best Institutes For Digital Marketing in Hyderabad

    ReplyDelete
  17. Well we actually prefer to visit this website, several helpful info we will get here.
    data scientist training and placement

    ReplyDelete

  18. I have recently started a blog, the info you provide on this site has helped me greatly. Thanks for all of your time & work ExcelR Business Analytics Courses

    ReplyDelete
  19. Very much impressive blog,
    Digital Marketing Training in KPHB with 100% Internships & Job Assistance.

    ReplyDelete
  20. This comment has been removed by the author.

    ReplyDelete
  21. You actually make it look so easy with your performance but I find this matter to be actually something which I think I would never comprehend. It seems too complicated and extremely broad for me. I'm looking forward for your next post, I’ll try to get the hang of it!
    data scientist training in hyderabad

    ReplyDelete
  22. Thank you so much for doing the impressive job here, everyone will surely like your post.
    data science course

    ReplyDelete
  23. This is a great post. I like this topic.This site has lots of advantage.I found many interesting things from this site. It helps me in many ways.Thanks for posting this again.
    data scientist training and placement in hyderabad

    ReplyDelete
  24. This comment has been removed by the author.

    ReplyDelete
  25. This is a smart blog. I mean it. You have so much knowledge about this issue, and so much passion. You also know how to make people rally behind it, obviously from the responses.
    data analytics training in hyderabad

    ReplyDelete
  26. Well we really like to visit this site, many useful information we can get here.
    full stack developer course

    ReplyDelete
  27. Happy to visit your blog, I am by all accounts forward to more solid articles and I figure we as a whole wish to thank such huge numbers of good articles, blog to impart to us.

    ReplyDelete
  28. This is a wonderful article, Given so much info in it, These type of articles keeps the users interest in the website, and keep on sharing more ... good luck.
    data scientist certification malaysia

    ReplyDelete
  29. This comment has been removed by the author.

    ReplyDelete
  30. This is an excellent article. I agree with the author's concerns about the low success rate of Big Data projects and the shortage of data-savvy professionals. These are two major challenges that need to be addressed if Big Data is to realize its full potential. Thank you for sharing your valuable insights.
    Is iim skills fake?

    ReplyDelete
  31. The author's insightful take on Big Data highlights critical concerns about its implementation, dispels myths, and emphasizes the pressing need for analytic skills in this data-driven era. Informative and thought-provoking write-up.
    Data Analytics Courses In Dubai

    ReplyDelete
  32. This is a really good article. Concerns raised by the author on the failure rate of Big Data projects and the lack of data-savvy professionals are ones that I share. These are the two main obstacles that must be overcome for Big Data to reach its full potential. I appreciate you sharing your insightful observations.
    Data Analytics Courses in Agra

    ReplyDelete
  33. It's amazing how popular Big Data has gotten to the point where my adolescent is now interested in learning more about it. After explaining it to her, I realized that grownups aren't the only ones who find it mysterious.
    Visit - Data Analytics Courses in Delhi

    ReplyDelete
  34. nice blog
    Data Analytics Courses In Vadodara

    ReplyDelete
  35. good blog
    Data Analytics Courses In Vadodara

    ReplyDelete
  36. The article provides a comprehensive overview of big data, debunking common myths and highlighting various approaches to harness its potential
    Digital Marketing Courses in Hamburg

    ReplyDelete
  37. I appreciate you for sharing this information. The next time I encounter a blog, I have high hopes that it will offer a more captivating and intellectually stimulating experience.
    data Analytics courses in leeds

    ReplyDelete
  38. "Impressive explanation! Your post on big data approaches, myths, and skills is both informative and engaging. It effectively highlights the intricacies of this field, offering readers valuable insights and practical knowledge. Thanks for sharing this insightful resource!"
    Digital marketing courses in woking

    ReplyDelete
  39. Thanks for sharing in depth analysis on big data approaches, myths, and skills post was incredibly insightful.
    Digital Marketing Courses in Italy

    ReplyDelete
  40. Thanks for excellent and detailed overview of Approaches, Myths & Skills in big data .
    data analyst courses in limerick

    ReplyDelete
  41. "Great insights on Big Data! I appreciate the breakdown of approaches and dispelling common myths. Developing skills in data management and analysis is crucial in today's tech landscape. Have you encountered any specific challenges or success stories related to implementing these approaches in real-world scenarios?"
    Best Data analytics courses in India

    ReplyDelete
  42. Thank you for sharing detailed overview on Big Data Approaches, Myths & Skills.
    Adwords marketing

    ReplyDelete
  43. Interesting post! Thank you for sharing such a valuable and informative post. This was helpful.
    Data analytics framework

    ReplyDelete
  44. This comment has been removed by the author.

    ReplyDelete
  45. This comment has been removed by the author.

    ReplyDelete
  46. It's fascinating to hear how Big Data has sparked interest across generations! Your insights on the common misconceptions surrounding it are crucial for demystifying the topic. Conversations like these are essential to bridge the knowledge gap and encourage more understanding in the industry. Great read! Data Science Courses In Malviya Nagar ​

    ReplyDelete
  47. Great insights on Big Data! Your exploration of various approaches, common myths, and essential skills is incredibly valuable for both beginners and seasoned professionals. It's crucial to demystify Big Data and provide clarity on what it truly entails. Keep sharing this knowledge—it's empowering others to harness the full potential of Big Data!
    Data Science Courses in Singapore

    ReplyDelete
  48. I thoroughly enjoyed this piece! Your unique perspective adds a lot of value to the discussion.

    Data science courses in Gujarat

    ReplyDelete
  49. Brian Gentile’s insights on Big Data highlight crucial concerns and opportunities in this rapidly evolving field. His observations on the high failure rates of Big Data projects due to rushed implementations resonate well, emphasizing the need for careful planning and understanding of business objectives. The clarification of common misconceptions surrounding Big Data is essential for fostering a clearer dialogue about its true potential. Moreover, Gentile’s call to address the impending skills shortage is timely, urging educational institutions to integrate data analytics into their curricula. Overall, this piece offers a balanced view that combines caution with optimism, encouraging organizations to approach Big Data with informed strategies for success.

    data analytics courses in dubai

    ReplyDelete
  50. This was a joy to read! Your enthusiasm shines through. What an insightful post! You always make me think deeper.

    Data science courses in Gujarat

    ReplyDelete

  51. Your breakdown of big data approaches, myths, and skills is spot on! It’s great to see complex topics made accessible. Keep up the excellent work in demystifying big data for your readers!
    Data Science Courses in Singapore

    ReplyDelete
  52. The insights on Big Data challenges and opportunities are spot-on, especially regarding the skills gap that could hinder the success of future projects. The McKinsey report highlights the urgent need for professionals with strong analytical skills, and this is where educational programs must step up. For those in Ghana looking to enhance their expertise, the data analytics courses offered by IIM Skills provide an excellent foundation. These courses equip learners with practical skills needed to thrive in today’s data-driven landscape. Data Analytics Courses in Ghana

    ReplyDelete
  53. Your article about big data is spot on. Big data is now the need of all sectors of industries. Well written and explained. Clarifies most of the myths. Thank you for sharing such an informative article.
    Data science courses in Kochi

    ReplyDelete
  54. This article brings up some crucial points about the current state of Big Data and its surrounding myths. It’s fascinating—and a bit alarming—that even those in leadership positions struggle to grasp the true nature and potential of Big Data.
    Data science courses in Mysore

    ReplyDelete
  55. Big Data demands a combination of technical proficiency in areas like data engineering, machine learning, and database management, as well as domain knowledge to interpret findings accurately. Understanding how to manage unstructured data and knowing which algorithms and tools to use for particular problems is crucial. Additionally, skills in data ethics and governance are increasingly important, as Big Data projects raise questions about privacy, security, and the responsible use of data. Big Data offers powerful tools and insights, but its value depends on a clear understanding of approaches, realistic expectations, and a balanced skill set to truly harness its potential.
    Thank you for knowledge.
    Data science Courses in Germany

    ReplyDelete
  56. In today's time data science skill is important on an online platform.
    Data science Courses in Germany

    ReplyDelete
  57. This is a fantastic post on Big Data! I really appreciated how you addressed the common myths and outlined the key skills needed to work in this field. Your insights have given me a much clearer understanding of Big Data and its real-world applications. Thanks for sharing such valuable information – it’s exactly what I was looking for.
    Data science course in Gurgaon

    ReplyDelete
  58. Thank you for sharing this insightful post about big data approaches, myths, and skills! It provides valuable perspectives on navigating the complexities of big data, addressing common misconceptions and emphasizing the importance of relevant skills. This is a great read for professionals looking to deepen their understanding of the big data landscape.
    Data science course in Lucknow

    ReplyDelete
  59. This blog provides a great overview of big data, addressing common myths and essential skills. It's informative and a valuable read for anyone diving into the world of data. Thanks for sharing such insightful content!

    Data science course in Gurgaon

    ReplyDelete
  60. The Open Book on BI Blog explores Big Data approaches, myths, and the essential skills needed to succeed in the data-driven world, offering insights for professionals looking to navigate the complexities of Big Data technologies.

    Data Science Course in Delhi

    ReplyDelete
  61. Great insights on Big Data! I loved how you clarified common myths and highlighted practical approaches.
    thank you for valuable insights.
    Data science course in Bangalore

    ReplyDelete
  62. This is such a valuable post. Your insights on Big data approach are really practical and easy to implement. Very well written.
    Data Science Courses in China


    ReplyDelete
  63. Nice article, I got new information from your article, keep sharing.
    IIM SKILLS Data Science Course Review

    ReplyDelete