6 mystarjob.com, Saturday 30 May 2015 mystarjob.com, Saturday 30 May 2015 BIG DATA EXPLAINED BIG DATA: 5 TOP COMPANIES AND THEIR PLANS FOR 2015 IN LESS THAN 2 MINUTES...TO ABSOLUTELY ANYONE By BERNARD MARR editor@leaderonomics.com T HERE are some things that are so big that they have implications for everyone, whether we want them to or not. Big Data is one of those concepts, and is completely transforming the way we do business and is impacting most other parts of our lives. It’s such an important idea that everyone needs to have a basic understanding of what it is and why it’s important. What is Big Data? “Big Data” means different things to different people and there isn’t, and probably never will be, a commonly agreed upon definition out there. But the phenomenon is real and it is producing benefits in so many different areas, so it makes sense for all of us to have a working understanding of the concept. So here’s my quick definition: The basic idea behind the phrase “Big Data” is that everything we do is increasingly leaving a digital trace (or data), which we (and others) can use and analyse. Big data therefore, refers to that data being collected and our ability to make use of it. Of course, data collection itself isn’t new. We as humans have been collecting and storing data since as far back as 10 THE past few years has seen an explosion in the number of platforms available for big data analytical tasks. The open source Hadoop framework is free to use, but is very technical to set up and not specialised towards any particular job or industry. To use it in your business, you need a “platform” to operate it from. These platforms are commercial offerings (you pay an ongoing service charge), most of which take the Hadoop framework and build on it, to provide analytical services of practical use to businesses and organisations. So here are 10 of the best and most widely used services. Like any commercial product in a competitive market, each has its advantages and disadvantages, and you need to make sure you are picking the right tool for the job. AMAZING DATA ANALYTICS PLATFORMS EVERYONE SHOULD KNOW 1 ABOUT Cloudera CDH Cloudera was formed by former employees of Google, Yahoo, Facebook and Oracle and offers open source as well as commercial Hadoop-based big data solutions with the label Cloudera Distribution including Hadoop, known as CDH. Their distributions make use of their Impala analytics engine which has been adopted and included in packages offered by competitors such as Amazon and MapR. 2 Hortonworks Data Platform (HDP) Unlike every other big analytics platform, HDP is entirely comprised of open source code, with all of its elements built through the Apache Software Foundation. They make their money by offering services, getting them running and providing the results you are after. 3 Microsoft HDInsight Microsoft’s flagship analytical offering, HDInsight is based on Hortonworks Data Platform, but tailored to work with their own Azure cloud services and SQL Server database management system. A big advantage for businesses is that it integrates with Excel, meaning even staff with only basic IT skills can dip their toes into big data analytics. “machine data to operational intelligence”. Internet of Things is key to their strategy, and among other products they provide the analytics behind the Nest WiFi-enabled smart thermostat. Their analytics also drives Dominos Pizza’s US coupon campaigns. 6 Amazon Web Services Although everyone thinks of them as an online store, Amazon also makes money by selling the magic that makes their business run so smoothly, to other companies. The business model was based on big data from the start – using personal information to offer a personalised shopping experience. Amazon Web Services includes its Elastic Cloud Compute and Elastic MapReduce services to offer large-scale data storage and analysis in the cloud. 18,000 BCE. What’s new are the recent technological advances in chip and sensor technology, the Internet, cloud computing, and our ability to store and analyse data that have changed the quantity of data we can collect. Things that have been a part of everyday life for decades — shopping, listening to music, taking pictures, talking on the phone — now happen more and more wholly or in part in the digital realm, and therefore leave a trail of data. The other big change is in the kind of data we can analyse. It used to be that data fit neatly into tables and spreadsheets, things like sales figures and wholesale prices and the number of customers that came through the door. Now data analysts can also look at “unstructured” data like photos, tweets, emails, voice recordings and sensor data to find patterns. How is it being used? As with any leap forward in innovation, the tool can be used for good or nefarious purposes. Some people are concerned about privacy, as more and more details of our lives are being recorded and analysed by businesses, agencies, and governments every day. Those concerns are real and not to be taken lightly, and I believe that best practices, rules, and regulations will evolve alongside the technology to protect individuals. But the benefits of big data are very real, and truly remarkable. 8 Infobright 9 MapR Another database management system, again available in both an open source, free edition and a paid-for proprietary version. This product is geared towards users looking to get involved with the Internet of Things. They offer three levels of service for paid users, with more users given access to the helpdesk, and quicker email support response times, for higher tier customers. MapR offer their own distribution of Hadoop, notably different from others as it replaces the commonly-used Hadoop File System with its alternative MapR Data Platform, which it claims offers better performance and ease of use. Analytical 4 IBM Big Data Platform 7 Pivotal Big Data Suite Platform 10 Kognitio IBM offers a range of products and services designed to make complex big data analysis more accessible to businesses. The company offers its own Hadoop distribution known as InfoSphere BigInsights. 5 Splunk Enterprise This platform is specifically geared to businesses that generate a lot of their own data through their own machinery. Their stated goal is Pivotal’s big data package is comprised of its own Hadoop distribution, Pivotal HD and its analytics platform Pivotal Analytics. Their business model allows consumers to store an unlimited amount of data and pay a subscription fee which varies according to how much they analyse. The company is strongly invested in the “data lake” philosophy, of a unified, object-based storage repository for all of an organisation’s data. Like many of the other systems here, this takes data from your Hadoop or cloud-based storage network and gives the users access to a range of advanced analytical functions. Kognitio is used by BT to help set their call charges and by loyalty programme Nectar for its customer analytics. Most people have some idea that companies are using big data to better understand and target customers. Using big data, retailers can predict what products will sell, telecom companies can predict if and when a customer might switch carriers, and car insurance companies understand how well their customers actually drive. It’s also used to optimise business processes. Retailers are able to optimise their stock levels based on what’s trending on social media, what people are searching for on the web, or even weather forecasts. Supply chains can be optimised so that delivery drivers use less gas and reach customers faster. But big data goes way beyond shopping and consumerism. Big data analytics enable us to find new cures and better understand and predict the spread of diseases. The police use big data tools to arrest criminals and even predict criminal activity. Credit card companies use big data analytics to detect fraudulent transactions. A number of cities are even using big data analytics with the aim of turning themselves into “Smart Cities”, where a bus would know to wait for a delayed train and where traffic signals predict traffic volumes and operate to minimise jams. Why is it so important? The biggest reason big data is important to everyone is that it’s a trend that’s only going to grow. As the tools to collect and analyse data become less expensive and more accessible, we will develop more uses for it — everything from smart yoga mats to better healthcare tools and a more effective police force. And, if you live in the modern world, it’s not something you can escape. Whether you’re all for the benefits big data can bring, or worried about it, it’s important to be aware of the phenomena and tune in to how it’s affecting your daily life. n Bernard Marr is a globally recognised expert in strategy, performance management, analytics, KPIs and big data. He helps companies and executive teams manage, measure and improve performance. His latest books are ‘25 Need-to-Know Key Performance Indicators’ and ‘Doing More with Less’. To connect with him, email editor@ leaderonomics.com. For more leadership insights, visit www.leaderonomics.com 7 Big data is undoubtedly getting bigger in 2015. Last year saw it moving into the mainstream as companies of all shapes and sizes started to get to grips with the possibilities of using big data, and this year will only see more of that. Expect new product and service announcements from the established big names, as well as a flood of innovative start-ups hitting the headlines over the next 12 months. This is a run-through of big data companies I expect to hear great things in 2015. I’ve started with the “big data giants” – established names which have made data the foundation of their business model. Google Google’s domination of search continues, but 2015 will see continued efforts to diversify into other areas of everyday life. 2014 saw the acquisition of home automation pioneers Nest – creators of the smart thermostat. In turn, Nest used their newfound wealth to snap up Revolv, which makes “home hubs” – used to connect and control everything from smart light bulbs to security cameras and automatic gates. Google is aiming to provide the infrastructure backbone of the modern smart home – a concept we can expect to become more real in 2015. Google is also expected to announce versions of its core products specifically tailored for use by children – expect child-friendly versions of search, Chrome and YouTube – further positioning tech as part of everyday family life. Microsoft Microsoft is hoping that its efforts to bring data analysis to the mainstream will start to bear fruit, with the latest updates to its cloud-based PowerBI analytics tools. PowerBI was launched in 2013 with the aim of providing analytics features to users of the popular-as-ever Office productivity suite. It will be hoping that the new features – such as a dedicated iPad app to take analytics mobile, dashboard analytics and the ability to talk directly to good old SQL databases, to an uptake in the use of PowerBI (and analytics in general) among all enterprises of all sizes. IBM IBM’s Watson Analytics has just been made available to the general public, and represents another step towards taking data analysis into the everyday mainstream. The name is somewhat confusing as it is also the name of IBM’s “artificial intelligence” algorithms which beat Jeopardy champions Ken Jennings and Brad Rutter in 2011, prompting Jennings to announce “I for one welcome our new computer overlords.” This is because it uses much of the technology developed for that application to power Watson Analytics’ natural language processing functions – meaning it can interpret queries input in plain, spoken English to a higher standard than previously possible. It will be offered both as a free online web-based service, and a fully featured subscription-based enterprise service, offering analysis of higher volumes of data. Facebook Still the biggest social network by a large margin, Facebook has been losing ground to competitors such as Twitter and Instagram, particularly among the younger demographic. However, one surprising acquisition made by the company last year shows it may be intent on taking the concept of online communications in a startling new direction. The Oculus Rift virtual reality headset is expected to finally become available to consumers. And although it will initially be aimed at gamers, founder Mark Zuckerberg has made it clear that Facebook means to undertake the task of building virtual worlds we can explore and interact with from the mountains of data at its disposal. HP HP, in line with other big data service providers such as Amazon and IBM, has made its big data analytics platform – Haven – available entirely through the cloud. This means that everything – from storage to analytics and reporting – is handled on HP systems which are leased to the customer via a monthly subscription – entirely eliminating infrastructure costs. This removes many of the hurdles associated with implementing a big data strategy and vastly lowers the barrier of entry. Competition with Amazon’s Redshift and IBM DashDB should keep subscription prices low and lead to a big increase in the number of businesses employing analytics to improve efficiency.
© Copyright 2024