After attending the very well organized and inspiring event Atea Bootcamp 2013 I want to share some of what was said about big data and about the cloud.
Data is the new oil
On the topic of big data Atea had several speakers, one of which was Niklas Andersson, the Swedish CEO of Cisco who talked about the internet of everything. With more and more devices connected to the Internet the modern world produces massive amounts of data that, to a large extent, is unstructured and transient. It comes from a variety of sources and types – as text, video, geospatial data, information captured by a sensor in a plant or a vehicle, or from social interaction via the web. One might argue that big data is nothing new, that it is just a buzz word summarizing what has been going on for many years. However, even though we already have a perception of Big data and ideas about how to handle it and use it, we are still just scraping at the surface of what will come. According to Mr Andersson 99 percent of what could be connected to the Internet still remains to be connected. What happens when we start connecting all those things? A mind blowing perspective that makes a good case for IBMs statement that data is the new oil. For us at Findwise this is of course a highly interesting field where our knowledge can be put to good use. We recently joined Spotify among others in a big data analytics research project led by SICS. Read more about it here.
Findability in the cloud
Steve Dietch, Vice president of HP Worldwide Cloud, gave an insight into the developments of cloud services and the driving forces that control IT decision makers. According to him their customers usually have two main concerns about moving into the cloud; security and choice. Security is an obvious issue and for some organizations there are regulatory aspects to it as well. The aspect of choice has to do with the pace of development and uncertainty about which vendors will dominate the field in the future and what will become industry standards. IT departments everywhere are afraid of vendor lock in. Putting all your data in the hands of an external supplier is understandably a scary concept. What happens if you want to move it? What about how it is organized? I see an obvious case for state of the art search solutions to help handling some of these issues and to relieve some of the worries from IT departments that their data will get lost. With good findability it will not matter where it is stored or which vendor provides the cloud solution.
In conclusion, big data is big business and even though different aspects of it make for different definitions of the concept it is undeniably going to have a huge impact on all of us.