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
    unusual trading activity
    Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
    3 Min Read
    software developer using ai
    How Data Analytics Helps Developers Deliver Better Tech Services
    8 Min Read
    ai for stock trading
    Can Data Analytics Help Investors Outperform Warren Buffett
    9 Min Read
    media monitoring
    Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
    5 Min Read
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 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

data migration risk prevention
Best Approach to Risk Management for Data Migration in Data-Driven Businesses
Big Data Data Management Exclusive Risk Management
AI in branding
How Data Analytics and Data Mining Strengthen Brand Identity Services
Big Data Exclusive
Hidden AI, a risk?
Hidden AI, Real Risk: A Governance Roadmap For Mid-Market Organizations
Artificial Intelligence Exclusive Infographic
unusual trading activity
Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
Analytics Exclusive Infographic

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

analytical problem solving skills
AnalyticsBig DataExclusiveJobs

Here Are The Skills You Need To Work With Big Data

7 Min Read
Generation-Z Entrepreneurs
Big DataExclusiveNews

3 Ways Generation Z Entrepreneurs Are Capitalizing Off Big Data

5 Min Read
big data helps workplaces
Big Data

Here’s How Big Data Can Improve Safety In The Workplace

5 Min Read
cybersecurity with AI and big data
Artificial IntelligenceBig DataInternet of ThingsSecurity

Tapping AI to Counter Rising Ransomware Threat in Big Data Era

9 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 is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
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.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?