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Big Data: A 2013 HorizonWatching Trend Report

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The slides provide an overview on the Big Data trend for HorizonWatching Community members. Summary information about the Big Data trend is provided along with many links to additional resources. ...

The slides provide an overview on the Big Data trend for HorizonWatching Community members. Summary information about the Big Data trend is provided along with many links to additional resources. The slides are meant to be read/studied and the links are there for you to continue your learning. You may want to view the slides in slideshow mode so you can easily follow the links.

Other HorizonWatching Trend Reports are available here on Slideshare. Follow my blog at www.billchamberlin.com for more information on emerging trends and technologies.

Note: This presentation represents my thoughts and ideas….not those of my employer. - Bill Chamberlin,

My LinkedIn Profile: : www.linkedin.com/in/whchamb

My Website: http://www.billchamberlin.com

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Big Data: A 2013 HorizonWatching Trend Report Presentation Transcript

  • 1. Contact: Bill Chamberlin, HorizonWatching Community LeaderJanuary 17, 2013Big DataA 2013 HorizonWatching Trend Report
  • 2. HorizonWatching CommunityAbout This Trend Report  Purpose: The slides provide an overview on the Analytics trend for HorizonWatching Community members  Content: Summary information about the Analytics trend is provided along with many links to additional resources. The slides are meant to be read/studied and the links are there for you to continue your learning. You may want to view the slides in slideshow mode so you can easily follow the links  Other HorizonWatching Trend Reports: Are announced/discussed on the HorizonWatching blog and slide decks are posted on the Horizonwatching channel on Slideshare  HorizonWatching Community: For more on the HorizonWatching community please see the appendix Note: This presentation represents my thoughts and ideas….not those of my employer. - Bill Chamberlin, whchamb@gmail.com2 January 17, 2013 Big Data: A 2013 HorizonWatching Trend Report © 2013 HorizonWatching Creative Commons Attribution License
  • 3. HorizonWatching CommunityBig Data refers to how to collect, store, and manage information thatcomes into an enterprise so that it can be harvested for decision making ―Big data is a collection of data sets so large and complex that it becomes difficult to process using on-hand database management tools or traditional data processing applications. The challenges include capture, curation, storage, search, sharing, analysis, and visualization.‖ – Wikipedia (Big Data) ―Every day, we create 2.5 quintillion bytes of data — so much that 90% of the data in the world today has been created in the last two years alone. This data comes from everywhere: sensors used to gather climate information, posts to social media sites, digital pictures and videos, purchase transaction records, and cell phone GPS signals to name a few. This data is big data.‖ – IBM (Big Data) 3 January 17, 2013 Big Data: A 2013 HorizonWatching Trend Report © 2013 HorizonWatching Creative Commons Attribution License
  • 4. HorizonWatching CommunityTrends in Big Data for 20131. Definition Does Not Matter: The focus turns towards implementation and value2. Cost as a Big Data Benefit: Case studies demonstrate ROI of Big Data. It is leaner, significantly reduces data integration costs, and opens the door for data exploration3. Analytics and Visualizaton: For those implementing Big Data, there will be an increased interest in Analytics and Visualization capablities.4. Data Scientists: There will be a rush to hire skilled Big Data Scientists, often via services like Kaggle, who are specialist in designing how a firm collects, stores, and manages big data.5. Increased Competition: IBM, EMC, SAP, SAS, and Oracle all increase competitive efforts, leading to better solutions and services6. Big Data as a Service: Service Providers emerge to handle the whole stack.7. Data Protection: CIOs implement automated systems to handle all replication, deduplication, backup, and restoration.8. Followers Left in Dust: Organizations that do not implement Big Data solutions risk loosing their competitive edge.9. CMOs overwhelmed: CMOs are not prepared to handle all the big data. In 2013 marketing needs to learn to work better with IT10. Education and Training: Big Data Services firms will offer extensive training and certification programs to try to help fill the shortages of skilled Data Scientists.4 January 17, 2013 Big Data: A 2013 HorizonWatching Trend Report © 2013 HorizonWatching Creative Commons Attribution License
  • 5. HorizonWatching Community Like the Cloud term in 2008-9, everyone is trying to define exactly what Big Data is…. ―IDC defines Big Data technologies as a new generation of technologies and architectures designed to extract value economically from very large volumes of a wide variety of data by enabling high-velocity capture, discovery, and/or analysis.‖ – IDC (Big Data) ―Big data in general is defined as high volume, velocity and variety information assets that demand cost-effective, innovative forms of information processing for enhanced insight and What is Big Data? Part 1 – IBM Video decision making.‖ – Gartner (link) ―Big data is the frontier of a firm’s ability to store, process, and access (SPA) all of the data it needs to operate effectively, make decisions, reduce risks, and create better customer experiences.‖ – Forrester Research (link)5 January 17, 2013 Big Data: A 2013 HorizonWatching Trend Report © 2013 HorizonWatching Creative Commons Attribution License
  • 6. HorizonWatching CommunityBig Data – Trend Drivers, Challenges, and ImplicationsDrivers• Volume, variety, velocity, and complexity of incoming data streams• Growth of ―Internet of Things‖ results in explosion of new data ―Most organizations are• Low cost Storage ….so why not store it?• Non-traditional and unstructured data ill prepared to address• Desire to integrate all the data into a single source both the technical and management challengesChallenges posed by big data; as a• Different sources of data (enterprise direct result, few will beapps, web, search, video, mobile, social conversations and sensors)• Traditional relational databases / data warehouses not designed for able to effectively exploitnew types of data this trend for competitive• Unstructured or semi-structured text is difficult to query. advantage.‖ – Gartner• Culture, skills, and business processes (link)Implications• Emerging capabilities to store and process vast quantities ofstructured and unstructured data are bringing about changes intechnology and business landscapes• Big data is driving need for advanced analytics and visualizationcapabilities to help organizations glean the insights and makedecisions6 January 17, 2013 Big Data: A 2013 HorizonWatching Trend Report © 2013 HorizonWatching Creative Commons Attribution License
  • 7. HorizonWatching Community There’s a lot of growth associated with the Big Data TrendGrowth in Data ―The "digital universe" will grow to 2.7ZB in 2012, up 48% from 2011 and rocketing toward nearly 8ZB by 2015.‖ – IDC (link) ―Worldwide information volume is growing annually at a minimum rate of 59 percent annually.‖ – Gartner (link)Growth in Spending "IDC expects the Big Data technology and services market to grow at a 39.4% compound annual growth rate through 2015.― – IDC (link) Peter Sondergaard, Gartner, Says "IDC expects the Big Data technology and Big Data Creates Big Jobs – A services market to grow from $3.2 billion in 2010 Gartner Video to $16.9 billion in 2015. ― – IDC (link) Growth in Jobs "By 2015, 4.4 million IT jobs globally will be created to support big data.― – Gartner (link)7 January 17, 2013 Big Data: A 2013 HorizonWatching Trend Report © 2013 HorizonWatching Creative Commons Attribution License
  • 8. HorizonWatching CommunityThe Big Data trend presents a huge challenge (and opportunity) forInformation Management professionals A New Era of Information Management Getting Value from Big Data Gartner Webinar (registration required) ―Clearly, the big data revolution is fostering a powerful new type of data science. Having more comprehensive data sets at our disposal will enable more fine-grained long-tail analysis, microsegmentation, next best action, customer experience optimization, and digital marketing applications‖ – Forrester (link) ―The volume, velocity and variety of data that is relevant to mainstream enterprise IT has grown to the point that it has pushed many applications to the limits of their capacity. Old application architecture principles can no longer satisfy the new business requirements‖. – Gartner (link)8 January 17, 2013 Big Data: A 2013 HorizonWatching Trend Report © 2013 HorizonWatching Creative Commons Attribution License
  • 9. HorizonWatching CommunityBig Data – Selected Analyst Websites and Resources • Forrester: Big Data and Big Data Blog Posts • Frost & Sullivan: Search for Big Data • Gartner: Big Data Research and Big Data Blog Posts • IDC: Big Data Research and Big Data Blog Posts Excerpt: Worldwide Big Data Technology and Services 2012–2015 Forecast – IDC (link)9 January 17, 2013 Big Data: A 2013 HorizonWatching Trend Report © 2013 HorizonWatching Creative Commons Attribution License
  • 10. HorizonWatching Community Big Data – Selected Media Websites and Resources 2012 Big Data Research Report,• Businessweek: Search for Big Data, Big Data by IDG Enterprise• CIO.com: Search for Big Data• ComputerWorld: Big Data• Economist: Search for Big Data• eWeek: Search for Big Data• Forbes: Data Driven• Harvard Business Review: Big Data• InformationWeek: Big Data 32 Big Data Trends and Predictions• InfoWorld: Big Data Channel and Big Data Blog Lists for 2013 - HorizonWatchingposts• MIT Sloan Management Review: Data &Analytics• NY Times: Big Data10 January 17, 2013 Big Data: A 2013 HorizonWatching Trend Report © 2013 HorizonWatching Creative Commons Attribution License
  • 11. HorizonWatching CommunityBig Data – Selected IT Vendor / Consultant Websites and Resources• Accenture: Big Data and Technology & InformationManagement• Booz Allen: Big Data• Deloitte: Analytics• EMC: Big Data, Big Data 2020• HP: Information Optimization Solutions• IBM: Big Data Resource List• Infosys: Search for Big Data• Intel: Big Data• Microsoft: Big Data• NewVantage Partners: Big Data Survey• Oracle: Big Data• SAP: Enterprise Information Management• SAS: Information Management• Tata Consultancy Services: Big Data IBM Big Data Portal• Wipro: Information Management11 January 17, 2013 Big Data: A 2013 HorizonWatching Trend Report © 2013 HorizonWatching Creative Commons Attribution License
  • 12. HorizonWatching Community Big Data – Selected Social Media Sites and Searches• Google Blog Search: Big Data Pinterest Search: Big Data• Technorati Blog Search: Big Data• Facebook Search: Big Data• Google+ Communities Search: BigData• LinkedIn Group Search: Big Data• Pinterest Search: Big Data• Slideshare search: Big Data• Twitter hashtag searches: #bigdata• Tumblr Search: Big Data• YouTube: Big Data Playlists and BigData Channels• Wikipedia: Big Data12 January 17, 2013 Big Data: A 2013 HorizonWatching Trend Report © 2013 HorizonWatching Creative Commons Attribution License
  • 13. HorizonWatching CommunityBig Data – Selected IBM Resources and Linksibm.com links IBM: The Big Data Hub• Big Data Hub: The Big Data Hub• Big Data Portal: Bringing Big Data To The Enterprise• IBM Software: Data Management, DataWarehousing, Enterprise Content Management,• DeveloperWorks: Big Data Portal• IBM Systems: Big Data• IBM Education: Big Data Education• Events: Big Data, Integration & GovernanceSocial Media• Blog: Big Data Hub Blog IBM Big Data Resources• Twitter: @IBMbigdata and Twitter Hashtag: #bigdata• Facebook: IBM-Big-Data• LinkedIn: IBM big data• YouTube: IBM Big Data• Google+: IBM big data• DeveloperWorks: Information ManagementCommunity13 January 17, 2013 Big Data: A 2013 HorizonWatching Trend Report © 2013 HorizonWatching Creative Commons Attribution License
  • 14. HorizonWatching CommunityBig Data – Selected Other Selected Reports and Resources • 7 Things You Need to Do About Big Data in 2013, by Brett Sheppard, Senior Product Marketing Manager, Tableau Software, published December 2012, 6 pages • Big Data Survey, A research report by GigaSpaces, published December 2012, 5 pages • Big Data Executive Survey – Themes & Trends, a research report by New Vantage Partners, published December 2012, 12 pages • The insight economy: Big data matters — except when it doesn’t, a white paper report by Deloitte Consulting, published October 2012, 24 pages • What is Big Data? Part 1 and What is Big Data? Part 2 videos featuring Paul Zikopoulos of IBM, posted on IBM’s Big Data channel on YouTube, posted March 2012 • Strategic Implications of the Big Data Era, an MIT / Sloan Management Review Webcast featuring Andrew McAfee, posted May 2012 (note: video loads slowly) • Living with Big Data: Challenges and Opportunities, a presentation deck by Jeff Dean and Sanjay Ghemawat of Google, published September 2012, 132 slides • Big Data is the Future of Healthcare, a white paper report by Cognizant, published September 2012, 7 pages • Big Data for Education: Data Mining, Data Analytics, and Web Dashboards, by Darrell West director of the Center for Technology Innovation at Brookings. published August 2012, 11 pages • The 3 Is Of Big Data, an article appearing in Forbes, written by Dave Feinleib, posted on July 9, 201214 January 17, 2013 Big Data: A 2013 HorizonWatching Trend Report © 2013 HorizonWatching Creative Commons Attribution License
  • 15. HorizonWatching CommunityAppendix: About The HorizonWatching Community  Launched 2006: About HorizonWatching  Blog: Horizonwatching – Thought Leadership Blog  Tumblr Quote Blog = HorizonWatching  Twitter = HorizonWatching  Slideshare = HorizonWatching (an external version of this deck will be posted here)  Facebook = HorizonWatching  LinkedIn Community = HorizonWatching15 January 17, 2013 Big Data: A 2013 HorizonWatching Trend Report © 2013 HorizonWatching Creative Commons Attribution License