Big Data: the New Water or the New Oil?

In definitional terms, big data is, as we are repeatedly told, a matter of volume, velocity, variety and sometimes veracity. But perhaps as a result of a fifth v, the vagueness of this definition, those discussing the present and future impact of big data on society routinely describe big data more figuratively and evocatively. Often, this metaphorical definition takes the form of a liquid. Streams of big data flow and cascade between – and sometimes leak from – organisations. Continue reading “Big Data: the New Water or the New Oil?”

Piecing Together the Value of Big Data

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The multi-tiled Kuggen building, part of Chalmers’ Lindholmen campus

During the construction of a jigsaw or model, there is invariably a moment in which one’s perception shifts from the level of ‘parts’ to the level of ‘whole’ – when, as it were, the bigger picture becomes clear. (Presumably the German language offers an elegant compound noun for this, but I am yet to come across it.) Since its ascension from first appearance to its current perch at the peak of inflated expectations, big data as a phenomenon has seemed to operate primarily on the level of parts or pieces. These usually take the form of noteworthy findings from or utilisations of big data that are eye-opening for one reason or another. Continue reading “Piecing Together the Value of Big Data”

Big Data’s People Problem

Big Data Debate

To Google Campus in east London to hear what a number of practitioners thought were the most controversial questions surrounding the use and abuse of big data. After a couple of lightning pitches from big data startups (if you dream of using augmented reality to make your exercise regime more exciting, you’ll be in luck when Google Glass is released) the event moved into a wide ranging panel discussion with participants including journalist Paul Bradshaw, Daniel Hulme, founder of Satalia and Duncan Ross, Director of Data Science at Teradata. The event was billed as tackling the controversial questions over big data, and the panelists got right down to business, eschewing talk of big data’s big potential in favour of honest reflection about the darker side of the data revolution. Continue reading “Big Data’s People Problem”