Don’t tell my wife, but I think I’m in love. Federal Reserve Chair Janet Yellen uses a dashboard of jobs data that doesn’t just rely upon a single measure (unemployment rate) to make economic and labor policy decisions. Instead, she uses a dozen different measures to provide a more holistic, more accurate, and hopefully more actionable view of the United States economic situation. She’s a data scientist at heart that realizes that a single measure of anything complex—whether it’s the U.S. economy or even things like customer satisfaction and predictive maintenance—is oversimplifying something to the point of not being useful or actionable.
Organizations are struggling with where and how to start their Big Data Journeys. There are opportunities to help companies analyze the “dark” data that they already have and identify and prioritize other internal and external data sources that they could leverage. (more…)
As many people know, I love attending Strata events. They’re always full of interesting and provocative topics for discussion and the exhibit hall has lots of new or updated products and product roadmaps.
I recently attended the Strata + Hadoop World event in New York City and picked up a plethora of highly interesting and valuable information.
Business users are increasingly turning to data management and advanced analytic technologies that enable organizations to uncover business insights. These insights can help them operate with more efficiency, build improved products, and provide more relevant services to their customers. However, to get the most benefit from these next-generation technologies, organizations must determine where and how they can best leverage Big Data to obtain the greatest value. This premise is the foundation of my recently published book Big Data: Understanding How Data Powers Big Business.
The opinions and interests expressed on EMC employee blogs are the employees' own and do not necessarily represent EMC's positions, strategies or views. EMC makes no representation or warranties about employee blogs or the accuracy or reliability of such blogs. When you access employee blogs, even though they may contain the EMC logo and content regarding EMC products and services, employee blogs are independent of EMC and EMC does not control their content or operation. In addition, a link to a blog does not mean that EMC endorses that blog or has responsibility for its content or use.