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Tag Archives: Big Data Success Stories

Seven Magnificent Big Data Success Stories

31 Wednesday Aug 2016

Posted by Martyn Rhisiart Jones in All Data, Big Data, Big Data 7s, Big Data Analytics, Cambriano, dark data, data architecture, Data governance, Data Lake, data management, data science, Data Supply Framework, Data Warehouse, Data Warehousing, good start, Good Strat, Good Strategy, goodstart, goodstartegy, goodstrat, Inform, educate and entertain., Martyn does, Martyn Jones, Martyn Richard Jones, pig data, The Amazing Big Data Challenge, The Big Data Contrarians

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Big Data, Big Data Hype, Big Data Success Stories, Data Myths, data-strategy, Magnificent Big Data Success

Mount_Everest_as_seen_from_Drukair2_PLW_editMartyn Richard Jones

Lora del Rio, 31st August 2016

Big data has arrived. Big Data is here for keeps. Big Data is the future.

Despite some of the malicious, mendacious and malodorous words of naysayers, sceptics and contrarians, the world of big data and big data analytics is replete with totally amazing and fabulous success stories.

Big Data gurus are often accused of not delivering coherent, cohesive and verifiable accounts of Big Data successes. Which is understandable but at the same time a pity. So here, to illustrate this miraculous and remarkable turnaround, I give you not three but seven of the many Big Data success stories that I could have casually grabbed out of the ether.

First, we take a trip to Glasgow to discover the leveraging of Big Data in alternative investments. Then we pass over to Boston to explore the magic of Big Data at Universal Legal. We venture through Switzerland and innovative marketing. Explore the heights of Dongalong Creek. Have a word with the good folks at Heisenberg Labs. Then round it off with a quick in-depth summary of Big Data at Choppers. So, here we go…

Continue reading →

Big Data: And it’s all gone quiet over there!

29 Tuesday Mar 2016

Posted by Martyn Rhisiart Jones in Inform, educate and entertain.

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All Gone Quiet Over There, Big Data, Big Data Hype, Big Data Success Stories, Data Myths, data-strategy

Image5Big Data is all pervasive, all seeing and all knowing. Everyone is doing Big Data, and if they aren’t then they will.  It’s inevitable. Big Data will revolutionise the worlds of data, d…

Source: Big Data: And it’s all gone quiet over there!

Big Data: And it’s all gone quiet over there!

29 Tuesday Mar 2016

Posted by Martyn Rhisiart Jones in All Data, Big Data, Big Data 7s, Big Data Analytics, business strategy, Cambriano, Consider this, dark data, data architecture, Data governance, data science, Data Supply Framework, Data Warehouse, Data Warehousing, Good Strategy, Inform, educate and entertain., IT strategy, pig data, Strategy, The Amazing Big Data Challenge, The Big Data Contrarians

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All Gone Quiet Over There, Big Data, Big Data Hype, Big Data Success Stories, Data Myths, data-strategy

Big Data is all pervasive, all seeing and all knowing.

Everyone is doing Big Data, and if they aren’t then they will.  It’s inevitable.

Big Data will revolutionise the worlds of data, decision making and business.

Am I right, or am I right?

Continue reading →

12 Amazing Big Data Success Stories for 2016

22 Tuesday Dec 2015

Posted by Martyn Rhisiart Jones in Big Data, Big Data 7s, Big Data Analytics, Consider this, Data Warehouse, Data Warehousing, Good Strat, Good Strategy, Inform, educate and entertain., IT strategy, Martyn Jones, Martyn Richard Jones, The Big Data Contrarians, Uncategorized

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Big Data, big data analytics, Big Data Strategy, Big Data Success Stories, data science, Data Warehousing

If this piece tickles your fancy, then please consider joining The Big Data Contrarians on LinkedIn:

https://www.linkedin.com/groups/8338976

Every year I ask myself the same question. Will there be any tangible, coherent and verifiable Big Data success stories in the coming year? Every year I come up with nothing. Nothing at all. “Sorry, no rooms at the Big Data Success Inn, as we are closed for vacations.”

However, this year things are different. More positive, more alive and more fantastic. Continue reading →

The Amazing Big Data Challenge – 2015

11 Wednesday Nov 2015

Posted by Martyn Rhisiart Jones in Big Data, goodstrat, Inform, educate and entertain., Martyn Jones, Martyn Richard Jones, Strategy, The Amazing Big Data Challenge

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Big Data, big data analytics, Big Data Challenge, Big Data Success Stories, hadoop, The Great Big Data Reality Check

For those of you who are familiar with the world of Big Data you will also be aware of the vanguard data community known as The Big Data Contrarians (the most fabulous Big Data community online).

Launched today (23 September 2015), the Big Data Contrarian’s Challenge is destined to fast become the most prestigious, enviable and prized challenge on the entire global world-wide-web. Continue reading →

The Amazing ROI of Big Data

30 Tuesday Jun 2015

Posted by Martyn Rhisiart Jones in Big Data, Consider this, Strategy

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Big Data Business Value, Big Data ROI, Big Data Success Stories, Follow the Money, Hadoop Business Value, Not the Hype, Return on Investment (ROI)

For every professional bubble-head and bozo ‘bigging up’ Big Data there are at least ten intangible, unintelligible and phantom Big Data success stories.

Why do I write that? Simples! Because that is what we have.

From the perspective of non-IT business users, what does a real IT based success story look like?

Here’s some examples:

  • We ran a Big Data project and the end-result was increased sales and margins, which added $21M to the bottom line. The overall project cost, including cost of business disruption, was $7M.
  • We deployed Hadoop technology to identify potential influencers and purchasers on Twitter. As a result of the campaign we increased sales of the Widgets by 8% (adding $9M is revenues and $3M in profits on an investment of $1M).
  • Big Data helped us to identify and exclude significant errors of judgement introduced into our new corporate strategy. As a result we averted possible losses of more than $10M. Total cost of aversion exercise was $5M. $5M up and no egg on our faces.

These are fictitious examples of tangible benefits that might be accruable to Big Data. But, they are not factual, they are made up.

Remember this. They are not real-life stories.

Now, for some real-lifelike examples of benefits accrued from Big Data.

  • Big Data vendor strikes gold! The Big Data technology vendor GREPACLE today signed an enterprise wide licensing arrangement with the Fed for an estimated initial $750M, covering the years 2010 to 2017. The deal includes all industry-ready Hadoop “free ‘n’ open-source software” developed by GREPACLE. AWKACLE, who brokered the deal, expect to clear a $33M net profit from the arrangement.
  • OLLY-HARDY, the west coast hardware giant, has signed up WALLYCO who have handed over $60M as the first instalment for the provision of a cheap and cheerful battle-hardened commodity-hardware infrastructure that will replace the existing legacy infrastructure currently based on OLLY-HARDY MPP and SMP hardware and Oracle and Teradata software. A second contract billed to be worth in excess of $100M is in the pipe-line and is expected to be signed during the next quarter.
  • The profits of information theology research and technology advisory firm Gardening Leave jumped a clear 25% over the last three quarters due solely to sales of it’s reports and services in the Big Data domain.

The names changed, and the project details finessed, to protect the guilty, but they are three simple, clear and fabulous examples of how gold is obtained from Big Data.

However, there are many other Big Data success stories to consider, including:

  • The indentured Big Data pundits. Who wouldn’t lie for a slice of the pie? Right! But not everyone has scruples, values or even ethics when it comes to the filthy lucre.
  • The pro-Big Data press and their Big Data advertisers and ‘infomercialisers’. There still is money in getting people to advertise, big time.
  • The external service provider. The hardware may be commodity. The disk storage may be ample, cheap and cheerful. The unit cost of staff may be lower. But, you will be paying 10 times over the odds to your favourite outsourcer/offshoring business just for the privilege of having them screw up your Big Data project… 18 months down the line. You will even pick up the tab for breaches of data privacy and data protection. But don’t worry, paying someone else to make mistakes and learn on your money and time is the highest form of corporate altruism.

Well, that should give one a flavour of the direction of Big Data, of the benefits accruable and to whom the benefits really accrue.

Now here’s a thought:

Most of the success stories seem to have the sale of a Big Data project, Hadoop’s ‘grep awk ecosystem’ and ‘development’ services as its central tangible success criteria.

At best, these are dubious Big Data tech and service vendor success stories.

What tangible Big Data client benefits are there on view in the public domain? How about non-IT business Big Data ROI? Same for Hadoop ROI? Same for Big Data and Tech Stack service ROI?

What about… Who? What? Where? When? How? Why?

Oh, there aren’t any success stories like that or they are so secret that one cannot but allude to them in generic BS terms.

But, seriously? Do people still swallow that type of mendacious flim flam?

Many thanks for reading.

The Biggest Contradiction of Big Data

20 Friday Mar 2015

Posted by Martyn Rhisiart Jones in Big Data, Consider this, good start, goodstart

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Big Data, Big Data Contradictions, Big Data Hype, Big Data Success Stories, data management, Data-Driven Decision Making

I have written at length about the fundamental contradictions of Big Data, but what I have omitted in the past is quite possibly the biggest contradiction of all. Probably because it has more to do with how Big Data is continually hyped, rather than having anything to do with Big Data as a bag of technologies – which has a whole assortment of problems in its own right.

Last time I spoke with you about the contradictions of the Big Data it was about the three Vs of volume, variety and velocity. In general, it was a view that was well received, even if not widely understood. Which of course is close enough for government work. But, get ready for “something completely different”.

If on the one hand some folk can claim that Big Data provides fact based insights and reliable forecasts of future habits, trends and preferences, then why is it so difficult to produce and socialise – yes, I like to use that term – Big Data success stories?

In short, I think we have arrived at the stage in Big Data’s cycle where it is reasonable to ask pundits to either put up or shut up.

So, why aren’t the current Big Data success fables accompanied by facts, such as names of those involved (at least businesses), the sponsors, the suppliers, the purpose of the exercise, the desired outcomes, the data used, how it is processed, what the results were, and what tangible benefits, if any, were accrued or are accruable. If that is not enough, then let people mention the technology used, the products purchased or licensed and the methodology followed.

In short, what I would like to know is why are the evangelists of Big Data telling us that bigger data is better, that more variety leads to greater insight, and that velocity is king. Why do we we told that Big Data almost assuredly results in better decisions, by people who are coy, shy or secretive about almost facts and data coming out of Big Data projects?

I have been reminded, time and time again, that there are Big Data success stories out there, and I have even been told that this information would be fully shared with me once it was agreed with the ‘clients’ that it was okay to do so. Okay, that’s fine, I know Big Data is a roaring success story (at least in people’s minds,) and I also know that it takes some time to make things up – some people are just not creative. Sure, I was told about these ‘successes’ some time ago, and you know, I’m not expecting anything that’s worth shaking a stick at, either now or later, but I’m still waiting, boys. Notwithstanding, you will still called you out as vacuous bullshitters when the time comes.

“But” I hear you cry “there is a wealth of success stories in the presses”.

Well, no, and you would wrong and gullible and foolish to think, but that is your problem, but unfortunately also mine, because this is my profession that you are playing fast and loose with.

The fact is that there is “wealth” of content that people try and pass off as legitimate Big Data success stories, but they aren’t in fact success stories, in any way, shape or form.

The thing is, people may read the blog title and even the stand-fast, but will be less inclined to actually read the article, so what remains is the impression that there are ‘loads of Big Data success stories’. But if people actually read the articles and were intelligent enough to understand them, then they would realise that inevitably there is a massive mismatch between the title of these pieces and the content. Indeed, if these pieces were actually pieces of advertising, rather than blog comments, they would be denounced in some jurisdictions for not fulfilling the advertising criteria of legal, decent and honest.

There is one more thing that Big Data evangelists (or any self-styled pundit, guru or expert for that matter) should understand, internalise and remember. If you say that you have a Big Data success story, with all the details, and that isn’t in fact the case, and it isn’t even remotely a success story or even true, then you are simply lying, and that’s deceit, it’s unprofessional and it’s unethical, and you are a scoundrel. So live with or fix it, the choice is yours.

Many thanks for reading.

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