Tim Buckley Owen Big Data Analytics - Useful, Yes, But Still Prone to Hype
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8th September 2014 Sign in to MyJinfo or create an account be able to star items Subscribe via RSS to get updates as soon as Subscription Articles are added Tweet about this item on Twitter Share on Facebook Share on LinkedIn

By Tim Buckley Owen

Abstract

Big data analytics is now starting to prove its worth in many fields, including scientific research and criminal investigation as well as business and finance. But as it becomes more commoditised, and presented as neatly packaged solutions involving big names such as IBM, Thomson Reuters and LexisNexis, Tim Buckley Owen argues that information professionals must have the courage to pass on warnings when experts believe it’s becoming over-hyped. One recent warning suggests that the sheer number and complexity of predictive analytics tools used by financial institutions can make it difficult to monitor their performance or ensure they comply with regulations, and another counsels against uncritically accepting the concept of the data lake.

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