Big data analytics is the process of examining large and varied data sets to uncover hidden patterns, unknown correlations, market trends, customer preferences and other useful information that can help organizations make more-informed business decisions. Big data can be analysed for insights that lead to better decisions and strategic business moves. The Big Data market is expected to grow to $66.79 Billion by 2021, with investment in analytics hardware, software, services and data scientists pouring in.
WHAT ARE THE INFLUENCERS SAYING?
We reached out to some of the top 20 influencers to ask them for their views on Big Data. We spoke to Kirk Borne (#2), Ronald van Loon (#3), Bill Schmarzo (#4), Dez Blanchfield (#9), Mike Quindazzi (#10), Duane Baker (#11), Mark van Rijmenam (#12), Tamara Dull (#13), Russell Walker (#16), Bill McCabe (#17) and Jim Harris (#18). Be sure to follow them to stay up to date on the best content and resources on Big Data!
“I believe that the worst of the “big data” hype is now behind us. A lot of growth in the data science and big data analytics fields has already taken place in the past few years, despite all of the negative hype. Now, with the hype being diminished and the algorithms increasing in power and diversity, we are settling down to greater growth, investment, innovation, and value creation in the field.”
“Data has a remarkable impact on the world we live in, and 2017 will only signify increasing emphasis upon the inclusion of IoT and Machine Learning solutions by large tech vendors. With the escalating attention on A.I. and Machine Learning in analytics, the corresponding evolution of Big Data is motivating>
“Organizations don’t need a big data strategy; they need a business strategy that incorporates big data. When organizations take a business (use case) first perspective on their big data initiatives, then the data sources, analytics, architecture and big data technologies needed to successfully monetize their data (via optimizing key business processes, uncovering new revenue opportunities, and creating a more compelling customer engagement) all fall into place.”
“We’re just now realising the true value & gravity of data as a direct result of the tools & platforms being brought to the market, in both proprietary and open-source form. The impact of Big Data and supporting Analytics, Data Science and Cognitive Computing is in my mind, a bona fide game changer across the entire spectrum of business, government, and indeed humanity as a whole. The platforms & tools now on offer such as Cloud, Big Data, Analytics, Machine Learning and Cognitive Computing, have finally empowered individuals and organisations to finally make good and deliver on the long overdue promise of Big Data.
By leveraging the full value of data, through whole market segments, whole industries, the ethos of Big Data and Data Science has transformed the term Big data from a mere marketing coinage, to a behavioural shift, a cultural shift, to an ethos in it’s own right. Someone once said that Data was the new oil. I disagree. I believe that Data is the new Oxygen, and it’s breathing new life into our world, across every possible realm of humanity.
We are effecting changes today through an ethos of our brave new Big Data culture, driven by the value and gravity of data, which are set to have the most profoundly positive impacts on generations to come, such that we can barely begin to imagine them today.”
“ has been impacting our world for decades, and will continue to do so for the foreseeable future. It is through the transformation of data to useful information that innovation and problem-solving is fuelled.”
“2017 is the Year of Intelligence and Big Data is becoming more important than ever. Organisations are generating vast amounts of data and with increasingly sophisticated technologies such as machine learning and deep learning, we achieve more and better insights, resulting in more advanced products and services. In 2017, more than ever before, all companies are data companies and for many businesses, the most likely path to creating competitive advantage is via big data and subjecting it to (advanced) analytics such as predictive or prescriptive analytics. The Year of Intelligence is the starting point of a>
“Big data analytics is at the core of success in AI, IoT and all automation. It is necessary to manage and leverage your data before adopting new technology.”
It is well past time that we put all of that data to help us to solve crimes, solve waste problems and to create a better way of life for everyone.
What is important to note is that big data isn’t about the vast amount of data is there. It’s true the numbers are staggering, but there is much more to this. But when someone talks about big data, the focus is on what they can take and pull from the information. It is the analysis of the different aspects of it. This information will allow businesses to determine how information can be better processed so they can reduce their standard operating costs, reduce processing time, and discover new ways to optimize the data that they are collecting. Over a period of time, this will also allow individuals to make better decisions and to avoid problematic concerns that may be faced along the way.”
Jim Harris – #1 International Bestselling Author – Disruptive Innovation
“There’s been more data created in the last two years than all human history combined. That’s why data science is an increasingly critical professional for all organizations. The companies that are experiencing the fastest growth in top line revenue and bottom line profit are data driven.”
MAPPING THE COMMUNITY
We were very interested in seeing which brand and individuals were leading the discussion around big data, so we analysed over 3.5M posts on social media mentioning the key words BigData OR “Big Data” from 1st Jan – 30th April. We then identified the top 100 most influential brands and individuals leading the discussion. What we discovered was a very engaged community, with much discussion between individuals and brands. Below you can see a network map of the online robotics conversation with the number one influencer Sean Gardner at the centre. This map was created with our Influencer Relationship Management software (IRM). Be sure to click on the map to enjoy the full size network diagram in greater detail.
Below you can see another network map created with our Influencer Relationship Management software (IRM) showing the number 1 brand Dell at the centre and all the robotics conversations to and from the influencers in their field. If you are interested in learning more about identifying, managing and engaging with influencers click here to get in touch!
At Onalytica we love building these lists and want to give back to our loyal readers as much as we can. If you’re interested in other topics (such as Virtual Reality, Digital Health, Digital Marketing) be sure to have a gander on our blog or why not propose some topics to us on twitter? We also build some very cool software to manage all of these influencers. Get a free trial today by clicking the button below!
On – 09 May, 2017 By Joe Fields