28 Jan '15, 6pm

#BigData

There is a lot of potential in Big Data, but only if we dial down the hype and focus on building solid analytic foundations. Big data is a hot topic. Our daily interactions with the Internet -- through laptops, smart phones, tablets, and IoT devices -- generate vast amounts of data that are thought to encode our buying preferences, our political and economic moods, and more. This attracts entrepreneurs who seek new ways to make money with new methods to manage and analyze the sheer volume and distributed nature of the data. Along the way, discussion around the potential benefits of big data analysis seems to have morphed from enthusiasm to almost religious fervor, asserting that that big data analytics will become the dominant method of analysis for almost everything. The apex (or more exactly the nadir) of this adulation may be an article in Wired magazine -- from the edi...

Full article: http://www.eetimes.com/author.asp?section_id=36&doc_id=13...

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