Hi Tom, thanks for taking time from your busy schedule to comment.
I’d like to address some of your points.
First, there is no concerted PR agenda here. You give me much too much credit. I’m simply not that smart. The opinions on SDC and my own blog are my own and I clearly state this on my own blog.
Second, I recognize that Big Data is a very nebulous term. The most common definition is the 3Vs coined by Doug Laney – Volume, Variety, Velocity. Also have seen a 4th V for value added. I do not equate Big Data on a 1:1 basis with Hadoop or other NoSQL implementations. Further, if you consider that many analytics implementations are of multiple TB scale (Volume), and consider the total failures of analytics projects, then I absolutely stand by my statement of “thousands of failures”.
Third, sometimes it’s hard to work all relevant concepts into a blog post of 500 words. The theme I was after is pretty simple actually: There’s lots of Big Data hype and for companies to be careful because in terms of cases and “Big Data Success” – one size does not fit all. In other words, as they say in the pharma space; “your results may vary.”
Fourth, I applied Nassim’s quote to my topic. True Nassim was not talking about Big Data when he spoke of graveyards of unseen observations. That said, if you want specifics of what Nassim does think of the topic of Big Data, you can Google “NYT”and “Big Data”. He actually has a scathing review of the topic.
Finally, I see that you work for IBM. I have no axe to grind with IBM. In fact, IBM is a terrific partner. And I must confess I am enamored with Watson. Absolutely enamored.
I’ll send you a Linkedin invite so we can continue the dialog. I always love to connect with extremely bright and talented people, so here’s hoping in advance that you’ll accept the invite.
Thanks again for commenting. I appreciate your insights.