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
    data analytics in ecommerce
    Analytics Technology Drives Conversions for Your eCommerce Site
    5 Min Read
    CRM Analytics
    CRM Analytics Helps Content Creators Develop an Edge in a Saturated Market
    5 Min Read
    data analytics and commerce media
    Leveraging Commerce Media & Data Analytics in Ecommerce
    8 Min Read
    big data in healthcare
    Leveraging Big Data and Analytics to Enhance Patient-Centered Care
    5 Min Read
    instagram visibility
    Data Analytics Plays a Key Role in Improving Instagram Visibility
    7 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: Data is Cool Again
Share
Notification Show More
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Analytics > Data is Cool Again
AnalyticsBig DataData ManagementExclusive

Data is Cool Again

Melanie Wold
Last updated: September 22, 2012 6:22 am
Melanie Wold
4 Min Read
SHARE

The arrival of “big data” has rejuvenated an industry that had lost its cool. Database connectivity and management software has been around for some time, quietly churning away in the background and allowing financial services companies and other large enterprises to store and use vast quantities of data.

The arrival of “big data” has rejuvenated an industry that had lost its cool. Database connectivity and management software has been around for some time, quietly churning away in the background and allowing financial services companies and other large enterprises to store and use vast quantities of data.

But after the arrival of standards such as ODBC and JDBC and super-sized servers, database management issues faded away – along with media attention on the software providers. Mike Benedict, CEO of database connectivity provider Progress DataDirect, notes that big data has been here for a while, but like the tree that falls in the forest maybe no one was there to hear it.

Today, with the new preponderance of social media data, the vendors are coming back into the limelight. Benedict says: “Data is cool again.”

More Read

virtual reality in education

There Many Amazing Benefits of VR in Education

The Analytics Journey
IBM Brings Sophistication to Customer Analytics and Prediction
Because It’s the Weekend: Visualizing Ocean Currents
AI Drives Huge Crypto And Blockchain Innovations In 2019

The next challenge in big data is the ability to monetize it. But there is too much of it, so the ability to collect, interpret and analyze the data is paramount. “You don’t need all of it, you want to pick off the relevant pieces,” says Benedict, “We have to make it accessible and actionable.”

This is what DataDirect’s mission is and its users are demanding access to more and more data sources. “Customers are coming to us to connect them to other sources, they do not want to be locked into one provider,” says Benedict.

DataDirect recently finished working on connectivity to Apache Hadoop, open source software that enables distributed parallel processing of huge amounts of data across servers. DDC has the ability to “bulk load” data into Hadoop, and is now working on being able to connect and pull data out of Hadoop. A preview of the driver was made available in late August.  

Connectivity is one piece of the puzzle; monetizing big data will involve both technology solutions AND human interaction, says Benedict. “Technology plus the skill set of data scientists will allow firms to consume, aggregate and take action on big data.”

If there is a downside to big data it is the perception that firms are spying on ordinary people. An application that department store Target used to sense its customers’ needs actually pinpointed the pregnancy of a young woman – who had not yet told her family. Technology companies need to help balance the perception of “big brother” is watching with stories of how big data can help humanity.

“For example,” says Benedict, “If the CDC picks up an outbreak of a disease and stops it before it can harm more people, that’s a good story. We need to balance the Target stories with CDC stories to show how big data can be used in beneficial ways.”

Share This Article
Facebook Twitter Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

trusted data management
The Future of Trusted Data Management: Striking a Balance between AI and Human Collaboration
Artificial Intelligence Big Data Data Management
data analytics in ecommerce
Analytics Technology Drives Conversions for Your eCommerce Site
Analytics Exclusive
data grids in big data apps
Best Practices for Integrating Data Grids into Data-Intensive Apps
Big Data Exclusive
AI helps create discord server bots
AI-Driven Discord Bots Can Track Server Stats
Artificial Intelligence Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

Image
Best PracticesBig DataBusiness IntelligenceCulture/LeadershipData Management

Big Data, Big Payoff? Why Your Company Needs Data Literate Employees, Now

5 Min Read
Image
AnalyticsBig DataMarketing

Uses for Analytics and Big Data in Marketing

4 Min Read

Applied Finance with R

0 Min Read
Data ManagementExclusiveITPrivacyRisk ManagementSecurity

Cybersecurity Predictions for 2019

5 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive
AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-24 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?