A Data Science Central Community
What exactly is big data to an asset managers? It actually means more than sucking up social media data or spying on the satellite data. These are good data collection methodology - but realistically when you have a limited budget but you want to start something from ground zero, what should you do first? If you are to start it, what different elements you have to consider? I have some thinking about it - I wish that we can share more ideas here.
Added by Jeffrey Ng on September 25, 2014 at 8:15am — No Comments
What separate a Big data from a huge data? I have seen the abuse of Big Data being adopted by the database and BI vendors. It lacks the spirit. Merely calculating faster or storing more should not qualify for a Big Data thinking. It is purely technological breakthrough - just like having a faster CPU. Will you call an intel CPU i7 a change of era from i5? Here are my observations and principles to be Big Data:
1. Collect the impossible
With the emergence of e-government, more…Continue