Data Pros Focused On ROI Of Initial Big Data Investments

Is 2016 truly the year of big action with big data?

Many of the attendees of the Strata & Hadoop World conference in San Jose apparently hope so. Acccording to Eric Sammer, co-founder and CTO at Rocana, many attendees he spoke with have now complete initial big data initiatives, and are looking for return on those investments this year.

Information Management asked Sammer for his observations on this year’s show, and what attendees said are the top data management challenges they are facing.

Information Management: What were the most common themes that you heard among conference attendees and how do they align with what you expected?

Eric Sammer: The most common theme heard was the replacement of legacy systems. This differs from previous years where there were a lot of pilot and test projects. This year it seemed like those pilots had established enough ROI that customers are looking to mainstream big data solutions, especially in the data warehousing and IT operations use cases.

Q: What were the most common data challenges voiced by attendees?

ES: The two most common challenges we heard were (1) how do I determine which data I should be keeping and for how long should I be keeping it; and (2) a need for purpose-built analytics for specific use cases,�versus generic analytics and machine-learning libraries.

The first is a learning issue, as historically the cost of storage has mandated operational processes that eradicate "low-value" data and quickly move most other data to off-line backups. With big data and the low-cost of storage, the�data management drivers have changed to compliance and governance issues.

With big data analytics, data formerly considered low-value data can now be used to generate critical insights, like customer sentiment or customer experience measurements. So, IT teams are struggling with the question "should I really be throwing this away just because that's what I've been doing for years?"

The second is a skillset issue.

Share it:
Share it:

[Social9_Share class=”s9-widget-wrapper”]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You Might Be Interested In

What is Transfer Learning?

10 Jan, 2022

During transfer learning, the knowledge leveraged and rapid progress from a source task is used to improve the learning and …

Read more

The Difference Between Managing Large and Small Data Science Teams

17 Jul, 2019

As advanced analytics and data science have matured into must-have skills, data science groups within large companies have themselves become …

Read more

Using AI to Improve Electronic Health Records

17 Dec, 2018

Electronic health record systems for large, integrated healthcare delivery networks today are often viewed as monolithic, inflexible, difficult to use …

Read more

Recent Jobs

Senior Cloud Engineer (AWS, Snowflake)

Remote (United States (Nationwide))

9 May, 2024

Read More

IT Engineer

Washington D.C., DC, USA

1 May, 2024

Read More

Data Engineer

Washington D.C., DC, USA

1 May, 2024

Read More

Applications Developer

Washington D.C., DC, USA

1 May, 2024

Read More

Do You Want to Share Your Story?

Bring your insights on Data, Visualization, Innovation or Business Agility to our community. Let them learn from your experience.

Get the 3 STEPS

To Drive Analytics Adoption
And manage change

3-steps-to-drive-analytics-adoption

Get Access to Event Discounts

Switch your 7wData account from Subscriber to Event Discount Member by clicking the button below and get access to event discounts. Learn & Grow together with us in a more profitable way!

Get Access to Event Discounts

Create a 7wData account and get access to event discounts. Learn & Grow together with us in a more profitable way!

Don't miss Out!

Stay in touch and receive in depth articles, guides, news & commentary of all things data.