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Big Data, the next Big bubble?
Posted by:
webmasterphilfv
Date: April 24, 2012 06:54AM
Hello,
Many people in the data mining industry are talking about a new buzzword "Big Data", which is just a new word to talk about how to address the scalability problem of data mining algorithms for handling huge amount of data, and their storage.
Is this new buzzword a big bubble? That is what this person seems to think:
http://mlcwideangle.exbdblogs.com/2011/10/05/bursting-the-big-data-hype-bubble/
Personally, I tend to agree that large-scale data mining is appropriate only for big businesses. But as researchers, we should still aim at developing data mining algorithms with good scalability.
"Big Data" is probably over-hyped right now... I read some data mining websites like KDNuggets and more than half of the news has the word "Big Data" in it. I mean, scalability and data integration has always been an important aspect of data mining. But we should not only focus on this aspect.
Phil
Edited 4 time(s). Last edit at 04/24/2012 07:04AM by webmasterphilfv.
Many people in the data mining industry are talking about a new buzzword "Big Data", which is just a new word to talk about how to address the scalability problem of data mining algorithms for handling huge amount of data, and their storage.
Is this new buzzword a big bubble? That is what this person seems to think:
http://mlcwideangle.exbdblogs.com/2011/10/05/bursting-the-big-data-hype-bubble/
Personally, I tend to agree that large-scale data mining is appropriate only for big businesses. But as researchers, we should still aim at developing data mining algorithms with good scalability.
"Big Data" is probably over-hyped right now... I read some data mining websites like KDNuggets and more than half of the news has the word "Big Data" in it. I mean, scalability and data integration has always been an important aspect of data mining. But we should not only focus on this aspect.
Phil
Edited 4 time(s). Last edit at 04/24/2012 07:04AM by webmasterphilfv.