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Category Archives: Big Data
Quo Vadis, Big Data?
“In 2011, the world is ten times more instrumented than it was in 2006. The number of Internet-connected devices has leapt from 500 million to 1 trillion. We create 15 petabytes of new data every day.
Posted in Big Data, Quotes
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The Internet of Things Launched
Today in 1974, a Universal Product Code (UPC) label was used to ring up purchases at a supermarket for the first time. The first UPC ever scanned is on a package of Wrigley’s chewing gum (now on display at the Smithsonian’s National … Continue reading
Posted in Big Data, IBM, Internet of things, This day in information
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The Birth of Big Data
The Economist on IBM’s celebration of its 100th birthday tomorrow: “Official history notwithstanding, the company’s true age is 125. In 1886 Herman Hollerith, a statistician, started a business to rent out the tabulating machines he had originally invented for America’s … Continue reading
Posted in Big Data, Censuses, Computer history
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Tomorrow’s News: Storing Big Data
Researchers at the University of California, San Diego (UCSD) have developed Moneta, a phase-change memory (PCM) solid state storage device that is thousands of times faster than conventional hard drives and up to seven times faster than current solid-state drives … Continue reading
Posted in Big Data, Futures, Information storage
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Big Data and Borges
From the May 26 issue of the Economist: “In A short story called ‘On Exactitude in Science’, Jorge Luis Borges described an empire in which cartographers became so obsessive that they produced a map as big as the empire itself.
Posted in Big Data, The InfoStory Quant
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Big Data for Enterprise Decisions
James Taylor: “For all the focus on visualization and ad-hoc queries in Big Data systems, the end result is often going to be automation – a Decision Management system.
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Glimmers of Big Data and Data Scientists
“The value of information about information can be greater than the value of the information itself. From that and other similar observations, I am willing to project an enormous new industry based on a service that helps navigate through massive … Continue reading
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Data Scientists Wanted
“The United States alone faces a shortage of 140,000 to 190,000 people with analytical expertise and 1.5 million managers and analysts with the skills to understand and make decisions based on the analysis of big data.” —McKinsey “The most coveted … Continue reading
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All You Need is Optimized Data
“[Match.com’s vice-president of strategy Amarnath] Thombre says the technology that helps people fall in love isn’t so different from the kind that enables companies to whisk goods from warehouses to store shelves. ‘In both situations, you are trying to optimize … Continue reading
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Big Data and the Future of Business: Don’t Automate, Analyze
A few days ago I got an email from Netflix telling me that “recently you may have had trouble instantly watching TV episodes or movies due to technical issues.”
Posted in Big Data, Business Futures
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The Story of Information 