The Implications of Trends in Information Systems

30 Oct

Big Data – Why now?

 

Here is an interesting overview of the origins of the term Big Data. http://it.toolbox.com/blogs/infosphere/the-origin-and-growth-of-big-data-buzz-51509

Curiously, this piece highlights IBM’s ancestry at the very beginning of large-scale data analytics – 120 years ago. Previous posts have ascertained that Big Data most definitely is here (Petabytes), however, as Vincent McBurney’s article shows, the significant emergence of the term is 2010:

Big Data Becomes Hype

In 2010, “Big Data” has a break out year – for the first time it shows up on Google search trends:

 

http://it.toolbox.com/blogs/infosphere/the-origin-and-growth-of-big-data-buzz-51509

Ok, today’s data is ‘bigger’ but nevertheless, substantial and disparate digital data and business intelligence has been around for quite a while, and players like IBM have been involved at all times, so why all of a sudden, Big Data?.

Well, as echoed earlier the increase in scale is palpable, and the cost and effort of storing and managing this big data is leading business to question its relevance and potential value.

“To call what’s happening a torrent or an avalanche of data is to use entirely inadequate metaphors. This is a development on an astronomical scale. And it’s presenting us with a predictable but very hard problem: our capacity to collect digital data has outrun our capacity to archive, curate and – most importantly – analyse it.” http://www.guardian.co.uk/technology/2012/mar/18/big-data-storage-analysis-internet

However, if we dig a little deeper…

I came across this useful research on the big data trend by Avanade.  Again, Avanade are a big player in the BI and tech services and consulting arena. However, their research and insights do prove useful in explaining this shift in priorities regarding big data, as more than just a bandwagon and a buzzword.

According to Avanade…

“Big data is reaching a tipping point. Data has become pervasive and empowering.  Technologies that manage and analyze data are easier to use and are more readily accessible to wider groups of employees in the workplace. Further, more people are empowered to make well-informed decisions from the data. Now, big data is everyone’s business.”  http://www.avanade.com/Documents/Research%20and%20Insights/avanade-big-data-executive-summary-2012.pdf

Therefore, the data exists and the means to exploit it are improving. From a business viewpoint, this emerging capability suggests their stored data is an under-utilised resource. Yes, the explosion of the Big Data trend and its implications might thus be explained; However, the Big Data phenomenon is really a series of implications emerging from the current trends in IS. As a concept, it seems to encompass the challenges and opportunities implicit in the direction and growth of data and sources…

Cloud computing   Social Networks   Internet of Things               Mobile space   Out-sourcing   Business Models   Agility   Strategy   BI   Metadata   Privacy   Security   Skills shortages…   As alluded to earlier by timh88 and corcoranchris all of these trends are intrinsic to Big Data. Each either generating data itself or involved in the harnessing, management, or leveraging of Big Data.

Get ready for ‘Bigger Data’!

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2 Responses to “The Implications of Trends in Information Systems”

  1. ismisetusa November 9, 2012 at 1:23 pm #

    How would you respond to claims that ‘big data’ may be nothing other than a fad or a current trend soon to be replaced with the ‘next big thing?

  2. cliftonmoore November 11, 2012 at 7:48 pm #

    Thanks for your query. …I expect that all current trends will be replaced by future trends; this is the inherent nature of “Trends”. Being that the given theme of this blog is “Trends in IS”, then inevitably we will be discussing what issues are trending now?

    Aside from Big Data’s prominence in current trends, frankly, I would be very wary of vendors’ hype. However, the basic aspects (amount/variety of data, implications for storage and privacy, emergence of analysis and management tech, startling growth in demand for data personnel etc.) are undeniable.

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