Big Data: Actionable Insights Driving Better Outcomes

HOW TO MAKE SENSE OF BIG DATA

Making Sense of Big Data to Achieve Better Outcomes


“Big Data” represents very large datasets that need to be analyzed and use various computations, algorithms, artificial intelligence (AI), and machine learning (ML), to unmask trends, patterns, and associations that provide valuable insights, new data connections, and precise predictions that can help achieve better outcomes.

Data is no longer just generated from applications, but now it comes from mobile, IoT and IIoT devices, connected/autonomous vehicles, machine sensors, healthcare monitors and wearables, video surveillance, etc. It’s no longer about just storing data, but capturing, preserving, accessing, and transforming it to take advantage of the possibilities it possesses and the value it delivers.

1.7 MB/s by 2020

About 1.7 megabytes of new information will be created every second for every human on the planet by 20201

403 EB by 2021

Big Data will reach 403 exabytes (EB) by 2021, up almost 8-fold from 25EB in 20162

2.5 Quintillion

There are 2.5 quintillion bytes of data created each day at our current pace, and that pace is only accelerating with the growth of IoT3

Big Data applications use specialty GP-GPU, FPGA and ASIC processors to analyze large datasets with deep learning techniques, and unmask trends, patterns, and associations, enabling image recognition, speech recognition, among others. As such, Big Data is based on information largely from the past, or rested data that typically resides in a cloud. A frequent outcome of a Big Data analysis is a “trained” neural network capable of executing a specific task, such as recognizing and tagging all faces in an image or video sequence. . . . [or providing] insights derived from ‘what happened’ to ‘what will likely happen’ (predictive analysis).

SOURCE: A NEW ERA OF STORAGE: OPEN COMPUTE WITH RISC-V AND MEMORY FABRICS BY DR. ZVONIMIR BANDIC, WESTERN DIGITAL (EMBEDDED COMPUTING DESIGN, 2/21/18)
HOW TO DERIVE VALUE FROM BIG DATA

Achieving Valuable Insights from Big Data


When referencing the growth of data, we talk in terms of the volume, velocity, and variety (aka the three Vs). But as organizations shift from capturing data to enabling data, a fourth V has quickly taken center stage—and that V is value.

Value is powerful because it enables all of the data to be integrated and analyzed at once regardless of the source, type, size, or format, so that insights can be generated to address a wide range of business challenges. As such, extreme big data workloads demand advanced storage infrastructures with purpose-built capabilities in the future.

implications-big-data-solutions-western-digital
ACHIEVING VALUE FROM BIG DATA
 

Western Digital Offers a Portfolio of Products, Covering a Range of Market Segments, Created to Enable Customers to Derive Valuable Insights and Intelligence from Big Data

Internet Of Things

Digital Transformation Acceleration

Financial Decision Making

Enhancing Apache Hadoop Deployments

BIG DATA EXPERTS AGREE

The amount of data that companies collect and store today is staggering. However, it’s not the volume of data being gathered that’s most important - it’s what companies are doing with the data that matters most.

Modern businesses know that Big Data is powerful, but they’re starting to realize that it’s not nearly as useful as when it’s paired with intelligent automation. With massive computational power, ML systems help companies manage, analyze and use their data far more successfully than ever before.

SOURCE: MACHINE LEARNING AND BIG DATA — REAL-WORLD APPLICATIONS BY KERRI HALE (TOWARDS DATA SCIENCE, 3/26)

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Disclosures

1. Source: Big Data Facts by Vishal Kumar (AnalyticsWeek, 3/26/17)   2. Source: Cloud traffic projected to represent 95% of global data center traffic by 2021: Study by ETCIO Staff (ETCIO, 2/7/18)   3. Source: Data Never Sleeps 5.0, Domo, 2017   4. Source: IoT Report: How Internet of Things technology is now reaching mainstream companies and consumers by Peter Newman (Business Insider, 7/27/18). 5. Source: IDC: Data Creation to Reach 163 Zettabytes by 2025 by Timothy King (Data Management News, 4/11/17) 
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