Tshepang defined Big Data as the analysis of extremely Large Volumes, extremely High Velocity of data and extremely Wide Variety of Data. Big Data is a current, interesting and important topic. Based on Google trends the topic has grown by 98% in interest since 2010, see Figure 1. There are also multiple providers of Big data, it has gone to cloud provide by Google’s cloud platform (Google).
Figure 1. Google trend
Since the notion of Big Data is new and scholars have suggested that IT trends resemble a Fashion industry, Tshepang’s central claim around the notion of Big Data as a new hype or new reality, is valid. I agree with Tshepang’s arguments, that Big Data is a reality. Although evidential examples are lacking, assumptions can be seen as self-evident. Tshepang used the following assumptions to support his claim that Big Data is a reality:
- Big data is not a temporary fad
- Big data does indeed generate new insights
- Unstructured data is still a challenge to analyse
- Technology is cheaper but still not mature,
- Skills are very rare
- Security and ethical issues
I think the notion of Big Data lies more in the analysis of different datasets. Even Google markets their Big Data product with functions like BigQuery (Google). I would have liked Tshepang to have “analysed” this part more in his lecture. The challenge of analysing the datasets is the core issue for organisations. Knowing what you already know is at the heart of knowledge management (Stewart, Ruckdeschel, 1998).
I think the reason why Big Data is trending is because organisations want ways to analyse their datasets. I would like to have seen more investigation into why it is a trending topic for managers. I think the main reason is that managers are intrigued by the outcomes of combining multiple datasets in search of patterns and using it to generate more profit. Grenander (1993) suggests that mathematics can be used to generate patterns by using knowledge of the world. Some examples I have noticed are:
- Organisations will analyse customers to force higher sales.
- Taking wide variety of data and understanding individualised use patterns etc.
- Forecasting the extent of man-made disasters can be a possibility in the near future.
References
Bellatreche, L., Kerkad, A., Breß, S., and Geniet, D. (2013, January). RouPar: Routinely and Mixed Query-Driven Approach for Data Partitioning. In On the Move to Meaningful Internet Systems: OTM 2013 Conferences (pp. 309-326). Springer Berlin Heidelberg.
Google. https://cloud.google.com/products/big-query (last checked 26 September 2013).
Grenander, U. (1993). General pattern theory: A mathematical study of regular structures. Oxford: Clarendon Press.
Stewart, T., and Ruckdeschel, C. (1998). Intellectual capital: The new wealth of organizations. Performance Improvement, 37(7), 56-59



