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
    unusual trading activity
    Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
    3 Min Read
    software developer using ai
    How Data Analytics Helps Developers Deliver Better Tech Services
    8 Min Read
    ai for stock trading
    Can Data Analytics Help Investors Outperform Warren Buffett
    9 Min Read
    media monitoring
    Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
    5 Min Read
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Big Data + Intimate Stories = Big Impact
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Analytics > Modeling > Big Data + Intimate Stories = Big Impact
Big DataModeling

Big Data + Intimate Stories = Big Impact

JuiceAnalytics
JuiceAnalytics
3 Min Read
SHARE

I’m not alone in feeling that the breathless excitement about “Big Data” is a bit much — just ask Stephen Few (Big Data, Big Deal). The skepticism isn’t directed at the vast possibilities inherent in broader use of data; we’re more concerned that “Big” isn’t the full answer. In fact, focusing on “Big” distracts from other fundamental barriers — particularly the very human skills required for thoughtful analysis and effective communication of insights.

I’m not alone in feeling that the breathless excitement about “Big Data” is a bit much — just ask Stephen Few (Big Data, Big Deal). The skepticism isn’t directed at the vast possibilities inherent in broader use of data; we’re more concerned that “Big” isn’t the full answer. In fact, focusing on “Big” distracts from other fundamental barriers — particularly the very human skills required for thoughtful analysis and effective communication of insights.

These missing links are illustrated beautifully in an article by Felix Salmon, a blogging editor for Reuters, about the election — When Quants Tell Stories:

“If you think that the value of Nate Silver is in the model, you’re missing the most important part: there are lots of people with models, and most of those models are pretty similar to each other. The thing which sets Silver apart from the rest is that he can write: he can take a model and turn it into a narrative, walking his readers through to his conclusions.”

More Read

What is Big Data?
Wikipedia Page Traffic Statistics Dataset
The Data Miner’s Role as Honest Broker and Change Agent
Big Data Leads To A Turning Point In Shadow IT
Smart systems, dumb ones, and privacy

“At heart, the campaign was marrying quantitative skills with storytelling, to unbeatable effect. Which stories should the campaign tell, to any given group of people? How should it tell those stories? And who should it get to deliver those stories?”

“The thing that Silver and the Obama campaign have in common, then, is that they used their databases to tell stories. Or, more to the point, their databases and models were used so that Americans could tell stories to each other.”

All the work of collecting, combining, and modeling data is wasted if not enough attention is paid to how the data is shared. The data needs to be transformed into bite-sized (pre-chewed, even) stories that can easily stick in the brains of your audience. And as evidenced by the Obama campaign, there are often many different stories based on the context of each audience member. Years ago, we dubbed this The Last Mile of Business Intelligence. Despite new data trends, technologies, and buzz words, some fundamentals never change.

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

Hidden AI, a risk?
Hidden AI, Real Risk: A Governance Roadmap For Mid-Market Organizations
Artificial Intelligence Exclusive Infographic
unusual trading activity
Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
Analytics Exclusive Infographic
Ai agents
AI Agent Trends Shaping Data-Driven Businesses
Artificial Intelligence Exclusive Infographic
Why Businesses Are Using Data to Rethink Office Operations
Why Businesses Are Using Data to Rethink Office Operations
Big Data Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Big Data Misconceptions

6 Min Read

Predictive Analytics, an Historical Perspective: Interview with…

1 Min Read
financial institutions are becoming champions of big data
Big DataExclusiveFintech

How Financial Institutions Are Becoming Champions Of Big Data

5 Min Read

Rewrite the Rules

3 Min Read

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

data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data
giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?