AI-Enabled Samsung Galaxy Z Series with Innovative Foldable Form Factor & Significantly Improved Screen Delivers New User Experiences Across Productivity, Communication & Creativity The…
5 big data myths that need to be busted right away
Over the past couple of years, big data — the all-encompassing term for any collection of data sets so large and complex that it becomes difficult to process using traditional data processing applications — has received so much attention that it’s become difficult to separate the hype from the genuinely useful information.
It’s also become difficult to know exactly how best to use that data. In the best instances, it can help solve massive problems (and win World Cups) and in the worst, it can blind companies to the real, human needs of their customers.
“Big data offers big opportunities, but poses even bigger challenges. Its sheer volume doesn’t solve the problems inherent in all data,” says Alexander Linden, research director at Gartner. “IT leaders need to cut through the hype and confusion, and base their actions on known facts and business-driven outcomes.”
So what are some the most common misconceptions around big data and how can people go about remedying them?
1. Everyone is ahead of us in adopting big data
Interest in big data technologies and services is at a record high, with 73% of the organisations Gartner surveyed in 2014 investing or planning to invest in them. But most organisations are still in the very early stages of adoption — only 13% of those we surveyed had actually deployed these solutions.
The biggest challenges that organisations face are to determine how to obtain value from big data, and how to decide where to start. Many organisations get stuck at the pilot stage because they don’t tie the technology to business processes or concrete use cases.
2. We have so much data, we don’t need to worry about every little data flaw
IT leaders believe that the huge volume of data that organisations now manage makes individual data quality flaws insignificant due to the “law of large numbers.” Their view is that individual data quality flaws don’t influence the overall outcome when the data is analysed because each flaw is only a tiny part of the mass of data in their organisation.
“In reality, although each individual flaw has a much smaller impact on the whole dataset than it did when there was less data, there are more flaws than before because there is more data,” says Ted Friedman, vice president and distinguished analyst at Gartner. “Therefore, the overall impact of poor-quality data on the whole dataset remains the same. In addition, much of the data that organisations use in a big data context comes from outside, or is of unknown structure and origin. This means that the likelihood of data quality issues is even higher than before. So data quality is actually more important in the world of big data.”
3. Big data technology will eliminate the need for data integration
The general view is that big data technology — specifically the potential to process information via a “schema on read” approach — will enable organisations to read the same sources using multiple data models. Many people believe this flexibility will enable end users to determine how to interpret any data asset on demand. It will also, they believe, provide data access tailored to individual users.
In reality, most information users rely significantly on “schema on write” scenarios in which data is described, content is prescribed, and there is agreement about the integrity of data and how it relates to the scenarios.
4. It’s pointless using a data warehouse for advanced analytics
Many information management (IM) leaders consider building a data warehouse to be a time-consuming and pointless exercise when advanced analytics use new types of data beyond the data warehouse.
The reality is that many advanced analytics projects use a data warehouse during the analysis. In other cases, IM leaders must refine new data types that are part of big data to make them suitable for analysis. They have to decide which data is relevant, how to aggregate it, and the level of data quality necessary — and this data refinement can happen in places other than the data warehouse.
5. Data lakes will replace the data warehouse
Vendors market data lakes as enterprise wide data management platforms for analysing disparate sources of data in their native formats.
In reality, it’s misleading for vendors to position data lakes as replacements for data warehouses or as critical elements of customers’ analytical infrastructure. A data lake’s foundational technologies lack the maturity and breadth of the features found in established data warehouse technologies. “Data warehouses already have the capabilities to support a broad variety of users throughout an organisation. IM leaders don’t have to wait for data lakes to catch up,” says Nick Heudecker, research director at Gartner.
Image: Tom Raftery via Flickr.