It has been called the new oil, the new currency, the new religion. It is data, of course, and it’s having a monumental impact on how we build business systems in the 21st century. However, for all the potential benefits that data bring can bring to organizations, many are discovering that data is also full of hidden pitfalls and risks.
Nobody should be surprised that we’re struggling with big data. While it’s true that we are in the middle of a great data boom that’s seeing data volumes essentially double every 18 months and the creation of technologies like deep learning that have huge potential, most organizations struggle mightily just to deal with the data that was already created, let alone start building the intelligent systems of tomorrow that will let our organizations take advantage of the even bigger and better data promised to come.
Author: Alex Woodie