Big data is the management ‘science’ of turning the heaps of data being captured in unprecedented volumes by gadgetry and software penetrating and weaving themselves into our lives in an increasingly intimate manner into information that big business can use to sell us more stuff using less resources. The data is “big” because it is captured in big messy unstructured blobs — the various “status updates” and other content we publish onto one app or the other, the preferences we make public through the “liking”, “recommending”, and “sharing” activities we perform online, and the intricate relationships that exist between seemingly unrelated data points across multiple technological landscapes inhabited by the average person.
In short, getting value out of “big data” is plain-and-simple intelligence gathering — something skilled humans usually do for a living.
I WAS a little unsure if BIg Data was another fad, wank word but now that [business analytics/intelligence systems software vendor] SAS has a VP for Big Data I KNOW it’s a Wank Word
Bottom line for businesses scrambling to profit from the latest management fad is nothing new and was easily summarised by commentor ‘EmperorOfCanada’…
Have you ever met one of the sales people from these companies? They are really really good. They take closing a sale to a whole new level. These salespeople don’t walk in off the street and say, “Hey would you guys like a 50 million dollar data analysis package?” In governments they work at the highest levels. Then the directive to put out a tender that only fits one company suddenly comes out of nowhere and poof a mega project takes off. With companies they work at the board of directors level. So again suddenly a team of “consultants” shows up and determines what is needed is a multi million dollar data analysis system.
Our greatest fears that machines would eventually replace human work are actually unfounded. The greatest threat to human productivity is really in the armies of system administrators, support personnel, and consultants brought in to prop up software of dubious value that gets installed in big corporations that have lost the nerve to do things using internal resources and delegated their thinking to software vendors scrambling to make a buck from the latest buzzword.