With the Big Data craze that’s sweeping the world of technology
right now, I often ask myself whether we’re deficit-spending, so
to speak, with our data consumption habits. I’ve seen repeated
examples of being unwilling to get rid of data, even though it’s
unused and nobody can think of a future use for it. At the same
time, much Big Data processing I’ve seen is brute-force and
costly: hitting a not-very-valuable nut with a giant, expensive
sledgehammer. I think the combination of these two problems
represents a giant opportunity, and I’m going to call the
solution Smart Data for lack of a better word.
What’s the problem, in 25 words or less? I think it’s that we’re
collecting a lot of data simply because we can. Not
because we know of any good use for it, but just because it’s
there.
What is the real cost of all of this data? I think we all know
we’re well behind the curve in making use of it. A huge …
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