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
    image fx (67)
    Improving LinkedIn Ad Strategies with Data Analytics
    9 Min Read
    big data and remote work
    Data Helps Speech-Language Pathologists Deliver Better Results
    6 Min Read
    data driven insights
    How Data-Driven Insights Are Addressing Gaps in Patient Communication and Equity
    8 Min Read
    pexels pavel danilyuk 8112119
    Data Analytics Is Revolutionizing Medical Credentialing
    8 Min Read
    data and seo
    Maximize SEO Success with Powerful Data Analytics Insights
    8 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Big Data: We Have the Technology, but Not the Vision
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Data Management > Culture/Leadership > Big Data: We Have the Technology, but Not the Vision
AnalyticsCulture/LeadershipDecision Management

Big Data: We Have the Technology, but Not the Vision

JoeMcKendrick
JoeMcKendrick
3 Min Read
SHARE

There’s been plenty said about how the power of data analytics will drive efficiency and new opportunities for today’s and tomorrow’s organizations.

There’s been plenty said about how the power of data analytics will drive efficiency and new opportunities for today’s and tomorrow’s organizations. However, there’s one catch — most organizations don’t know what to do with all the data they are gathering — and most are doing nothing with it, yet.

That’s the view of Todd Walter, CTO of Teradata and data analytics visionary. I had the opportunity to sit down and talk with Walter at last week’s Teradata Partners conference in San Diego, who talked about the sensor explosion occurring underneath our feet, as well as emerging analytics-driven organizations.

“The thing that will really explode over the next few years, over the next decade, is sensor data,” he explains. Perhaps the biggest revolution in analytics is coming from sensor data that is becoming part of every aspect of our society — from transportation to energy to entertainment. “You know how many sensors are in your car?” He asks.  The problem is “right now data is being thrown on the floor,” he says.

When that day comes, and organizations figure out how to pull this data together, the magic will happen, he predicts, “there will be a point when manufacturers will want the data back. They will be able to analyze and diagnose problems, and improve product designs.”

Sensors are everywhere. Some municipalities are now even “building roads with sensors in each slab of concrete,” he adds. This enables engineers to track wear and tear and identify areas that will need repair.

Another area being disrupted as a result of sensors is the utility industry. “Utilities are scared to death right now,” he comments. They’re aren’t scared because consumers will be able to track and regulate their own energy usage, or that there will be bi-directional management of appliances in households. The problem, Walter says, is the overwhelming volumes of data that utilities now have to contend with. “Utilities will soon have three orders the magnitude of data than they ever operated with before.”

It’s going to take some time before most organizations are able to act on the potential offered by all the data now being collected, he says. The ability to actually compete on analytics is still limited to a few cutting-edge companies.

Achieving value from the data piling up with enterprises requires “vision,” Walters adds.  Right now, when it comes to Big Data, more vision is needed, as organizations start to learn what data they have.

(Cross-posted at SmartPlanet Business Brains.)

TAGGED:teradata
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

AI and data mining
What the Rise of AI Web Scrapers Means for Data Teams
Artificial Intelligence Big Data Exclusive
power supplies for ATX for data scientists
Why Data Scientists Should Care About SFX Power Supplies
Big Data Exclusive
AI for website optimization
Free Tools to Test Website Accessibility
Artificial Intelligence Exclusive
Generative AI models
Thinking Machines At Work: How Generative AI Models Are Redefining Business Intelligence
Artificial Intelligence Business Intelligence Exclusive Infographic Machine Learning

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

PARTNERS 2009: Accelerating Insight

5 Min Read

InformationWeek’s “10 Most Strategic IT Vendors” Includes Teradata

4 Min Read

What do you get when you combine the power of SAP and Teradata?

4 Min Read

Thanks for the memories

4 Min Read

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

ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence
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.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?