BIG DATA: HACKING COMPLEXITY
Leonardo Camiciotti / Christian Racca TOP-IX May 2013
@pendolare@i_realize@digital_fest#BIGDIVE2013
Christian RaccaDesign Engineer @ TOP-IX
Leonardo CamiciottiDevt. Program Manager @ TOP-IX
#BIGDATA
Data is the new oil. Big data is different1. Big data is a management revolution2. Big data is the next frontier for innovation,competition, and productivity3. Big data makes the scientific method obsolete4.
BIG DATA IS HYPE
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WHAT LIES BEYOND THE
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PEAK OF EXPECTATION ?
A complex system is a system composed of interconnected parts that as a whole exhibit one or more properties (behavior among the possible properties) not obvious from the properties of the individual parts. [Wikipedia]
LET’S JUMP INTO SCIENCE
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WE LIVE IN A WORLD OF COMPLEX SYSTEMS
(AND WE ARE PART OF IT)
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BUT WE KNOW BY CREATING AND CONNECTING SINGLE FRAGMENTS OF REALITY
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BIG DATA (REVOLUTION) IS MAKING EXPLICIT INTRINSIC COMPLEX TEXTURES AND BEHAVIOURS
writing printing digitalizationTOP-IX / DIGITAL FESTIVAL 2013
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THE SCIENTIFIC CHALLENGE IS NOW TO CREATE MEANINGFUL MOSAICS BY MASTERING DIGITAL DATA.
BIG DATA IS TOO BIG TO IGNORE
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WHY NOW?
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FORCESHPC / High Performance ComputingCloudOpen SourceStorage cost reductionThe rise of Data Science
SOURCESThe always-on consumerSocial NetworksThe Open Data movementSmart Cities monitoringKnowledge digitalization process
BIG DATABusiness intelligence
Energy Public Administration
Education
Crime
Logistics
Internet of things
Finance
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WITH ENOUGH DATA, THE NUMBERS SPEAK FOR THEMSELVES (CHRIS ANDERSON)
DEMYSTIFYING BIG DATA
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TRUE
FALSE
DATAIS NOT A BUSINESS MODEL
DEMYSTIFYING BIG DATA
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TRUE
FALSE
BIG DATA IS ABOUT THE SIZE OF THE DATASET
DEMYSTIFYING BIG DATA
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TRUE
FALSE
BIG DATA CAN CONNECT DATAAND DECISIONS
DEMYSTIFYING BIG DATA
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TRUE
FALSE
It took 50 years for organization to fully leverage transaction systems... we can't imagine that data revolution happens in a while.
40% of major business decisions are based on instinct and not on data - Accenture study
REVOLUTIONS TAKE TIME
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BIG DATA NEEDS
STANDARDS/COLLABORATIONGOVERNMENT SUPPORTLOTS OF STARTUPSDATA SCIENTISTS
DEVELOPMENT
VISUALIZATION
SCIENCE
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BIG DIVE 2012
FIRST EDITION HIGHLIGHTS
8 DIFFERENT NATIONALITIES 90% OF DIVERS RECOMMEND BIG DIVE
20 DIVERS
THE
END
1 Thomas H. Davenport, Paul Barth, and Randy Bean. “How Big Data is Different," MIT Sloan Management Review, July 30, 2012 2 Andrew McAfee and Erik Brynjolfsson. “Big Data: The Management Revolution”, Harvard Business Review, Octo- ber 2012 3 “Big Data: The Next Frontier for Innovation, Competition, and Productivity,” McKinsey Global Institute.>.4 Chris Anderson. “The End of Theory: Big Data Makes the Scientific Method Obsolete,” Wired, June 2008.
BOOKThe Business Case for Big Data by Phil Simon. Published by John Wiley & Sons, March 2013.
PAPERToo Big to Ignore by By James Guszcza, David Steier, John Lucker, Vivekanand Gopalkrishnan, Harvey Lewis Published January 31, 2013
USEFUL LINKShttp://blogs.gartner.com/svetlana-sicular/big-data-is-falling-into-the-trough-of-disillusionment/http://wikibon.org/blog/big-data-infographics/
VIDEOShttp://www.google.com/glass/start/how-it-feels/
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