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
    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
    sales and data analytics
    How Data Analytics Improves Lead Management and Sales Results
    9 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: What is the Biggest Challenge for Big Data?
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > Data Mining > What is the Biggest Challenge for Big Data?
AnalyticsBusiness IntelligenceData MiningData QualityDecision Management

What is the Biggest Challenge for Big Data?

TonyBain
TonyBain
4 Min Read
SHARE

Often I think about challenges that organizations face with “Big Data”.  While Big Data is a generic and over-used term, what I am really referring to is an organization’s ability to disseminate, understand and ultimately benefit from increasing volumes of data.  It is almost beyond question that in the future customers will be won/lost, competitive advantage will be gained/forfeited and businesses will succeed/fail based on their ability to leverage their data assets.

Often I think about challenges that organizations face with “Big Data”.  While Big Data is a generic and over-used term, what I am really referring to is an organization’s ability to disseminate, understand and ultimately benefit from increasing volumes of data.  It is almost beyond question that in the future customers will be won/lost, competitive advantage will be gained/forfeited and businesses will succeed/fail based on their ability to leverage their data assets.

It may be surprising what I think are the near term challenges.  Largely I don’t think these are purely technical.  There are enough wheels in motion now to almost guarantee that data accessibility will continue to improve at pace in-line with the increase in data volume.  Sure, there will continue to be lots of interesting innovation with technology, but when organizations like Google are doing 10PB sorts on 8000 machines in just over 6 hours – we know the technical scope for Big Data exists and eventually will flow down to the masses, and such scale will likely be achievable by most organizations in the next decade.

Instead I think the core problem that needs to be addressed relates to people and skills.  There are lots of technical engineers who can build distributed systems, orders of magnitude more who can operate them and fill them to the brim with captured data.  But where I think we are lacking skills is with people who know what to do with the data.  People who know how to make it actually useful.  Sure, a BI industry exists today but I think this is currently more focused on the engineering challenges of providing an organization with faster/easier access to their existing knowledge rather than reaching out into the distance and discovering new knowledge.  

The people with pure data analysis and knowledge discovery skills are much harder to find, and these are the people who are going to be front and center driving the big data revolution.  People who you can give a few PB of data too and they can provide you back information, discoveries, trends, factoids, patterns, beautiful visualizations and needles you didn’t even know were in the haystack.

These are people who can make a real and significant impact on an organizations bottom line, or help solve some of the world’s problems when applied to R&D.  Data Geeks are the people to be revered in the future and hopefully we see a steady increase in people wanting to grow up to be Data Scientists. 

TAGGED:big databusinessemployeesmanagement
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

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
dedicated servers for ai businesses
5 Reasons AI-Driven Business Need Dedicated Servers
Artificial Intelligence Exclusive News

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

Experts Debate: Is Big Data a Boon or Risk for Actuaries?
Big DataExclusive

Experts Debate: Is Big Data a Boon or Risk for Actuaries?

6 Min Read
fintech big data evolution
Fintech

How Fintech Big Data Can Play A Role In Financial Evolution

8 Min Read

The Future of Big Data: Good, Bad or Ugly?

6 Min Read
top advantages of blockchain for businesses
Blockchain

The Top Advantages Of Blockchain For Businesses

7 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 chatbot
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
Chatbots
AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
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?