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
    payment methods
    How Data Analytics Is Transforming eCommerce Payments
    10 Min Read
    data analytics for pharmacy trends
    How Data Analytics Is Tracking Trends in the Pharmacy Industry
    5 Min Read
    car expense data analytics
    Data Analytics for Smarter Vehicle Expense Management
    10 Min Read
    image fx (60)
    Data Analytics Driving the Modern E-commerce Warehouse
    13 Min Read
    big data analytics in transporation
    Turning Data Into Decisions: How Analytics Improves Transportation Strategy
    3 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Data is Cool Again
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 > Data is Cool Again
AnalyticsBig DataData ManagementExclusive

Data is Cool Again

Melanie Wold
Melanie Wold
4 Min Read
SHARE

The arrival of “big data” has rejuvenated an industry that had lost its cool. Database connectivity and management software has been around for some time, quietly churning away in the background and allowing financial services companies and other large enterprises to store and use vast quantities of data.

The arrival of “big data” has rejuvenated an industry that had lost its cool. Database connectivity and management software has been around for some time, quietly churning away in the background and allowing financial services companies and other large enterprises to store and use vast quantities of data.

But after the arrival of standards such as ODBC and JDBC and super-sized servers, database management issues faded away – along with media attention on the software providers. Mike Benedict, CEO of database connectivity provider Progress DataDirect, notes that big data has been here for a while, but like the tree that falls in the forest maybe no one was there to hear it.

Today, with the new preponderance of social media data, the vendors are coming back into the limelight. Benedict says: “Data is cool again.”

More Read

Sentiment in Text Analytics
First Look – SAS In-Database Analytics
Big Data: Will Open Source Software Challenge BI & Analytics Software Vendors
Am I Being Too Optimistic About How Companies Will Use Social Media Data?
5 Ways Big Data is Changing Marketing Forever

The next challenge in big data is the ability to monetize it. But there is too much of it, so the ability to collect, interpret and analyze the data is paramount. “You don’t need all of it, you want to pick off the relevant pieces,” says Benedict, “We have to make it accessible and actionable.”

This is what DataDirect’s mission is and its users are demanding access to more and more data sources. “Customers are coming to us to connect them to other sources, they do not want to be locked into one provider,” says Benedict.

DataDirect recently finished working on connectivity to Apache Hadoop, open source software that enables distributed parallel processing of huge amounts of data across servers. DDC has the ability to “bulk load” data into Hadoop, and is now working on being able to connect and pull data out of Hadoop. A preview of the driver was made available in late August.  

Connectivity is one piece of the puzzle; monetizing big data will involve both technology solutions AND human interaction, says Benedict. “Technology plus the skill set of data scientists will allow firms to consume, aggregate and take action on big data.”

If there is a downside to big data it is the perception that firms are spying on ordinary people. An application that department store Target used to sense its customers’ needs actually pinpointed the pregnancy of a young woman – who had not yet told her family. Technology companies need to help balance the perception of “big brother” is watching with stories of how big data can help humanity.

“For example,” says Benedict, “If the CDC picks up an outbreak of a disease and stops it before it can harm more people, that’s a good story. We need to balance the Target stories with CDC stories to show how big data can be used in beneficial ways.”

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

payment methods
How Data Analytics Is Transforming eCommerce Payments
Analytics Big Data Exclusive
cybersecurity essentials
Cybersecurity Essentials For Customer-Facing Platforms
Exclusive Infographic IT Security
ai for making lyric videos
How AI Is Revolutionizing Lyric Video Creation
Artificial Intelligence Exclusive
intersection of data and patient care
How Healthcare Careers Are Expanding at the Intersection of Data and Patient Care
Big Data Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

iBi – Business Intelligence Applications on the iPhone

6 Min Read

The Case for a ‘New IT’ Operating Model

8 Min Read

Educating Respondents on Market Research

2 Min Read

Is Social Analytics Better at Tracking Disease?

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.

data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data
ai chatbot
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
Chatbots

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?