big data - michalis grigoratos - talent4tech
DESCRIPTION
Big Data overview - Talent4Tech Event Nov 2012. Presentation by Michalis Grigoratos.TRANSCRIPT
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Big Data Is About…
Tapping into diverse data sets
Finding and mone1zing unknown rela1onships
Data driven business decisions
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Make Be=er Decisions Using Big Data
Big Data in Action
ANALYZE
DECIDE ACQUIRE
ORGANIZE
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Acquire all available data
Big Data in Action
ANALYZE
DECIDE
ORGANIZE
ACQUIRE
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Organize and dis1ll big data using massive parallelism
Big Data in Action
ANALYZE
DECIDE ACQUIRE
ORGANIZE
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Analyze all your data, at once
ANALYZE
DECIDE ACQUIRE
ORGANIZE ANALYZE
Big Data in Action
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Decide based on real-‐1me big data
Big Data in Action
ANALYZE
ACQUIRE
ORGANIZE
DECIDE
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Real Life applica1ons
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Big Data Simplifies Sustainability Cost Scenarios
• Which clean energy projects make sense to install in different manufacturing or office loca1ons?
• Which sustainability project will give your team the quickest payback when it comes to reducing environmental impact?
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[…] the root of the true problems with big data are oXen not in how or what tools we use to analyze the data, but more so in how we
capture, or fail to capture it in the first place. In essence, our failure to capture the data accurately and consistently oXen renders
analysis of it a meaningless exercise due to the Garbage In = Garbage Out (GIGO) principle.
The Problem we face Today
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Thank You