Big Data technology solutions need improvement


Nearly 97 percent of data scientists believe big data
technology solutions need improvement and the top three obstacles data scientists
foresee when running analytics on Big Data are: complexity of big data
solutions; difficulty of applying valid statistical models to the data; and
having limited insight into the meaning of the data, according to Revolution
Analytics.


When asked whether they expected their use of various
analytics platforms (SPSS, SAS, R, S+, MATLAB) to decrease, stay the same, or
increase over the next 24 months only open source R registered a majority of ‘increased use’ responses with 47 percent.


Over 86 percent of statisticians polled consider
themselves ‘data scientists’.


As an industry, there is no general agreement on how ‘Big
Data’ should be defined. Survey results show factions of data scientists view
the threshold of big data at a terabyte, a petabyte, or just above what can be
reasonably managed for any given job.


The next generation of R-based technology from
Revolution Analytics is being designed to give data scientists more computing
power, speed and agility when handling big data sets. Big data is changing the
way we analyze and interpret data we’re now in the age of Big Analytics,” said
Jeff Erhardt, COO of Revolution Analytics.

 


These survey results underscore our commitment to
enabling companies to affordably solve data management and computation
challenges through innovations in statistical analytics. They also reflect the
growing demand for R-enabled analytics, which give companies the right algorithms
and data visualization tools to process larger data sets.


By Telecomlead.com Team
editor@telecomlead.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Telecom news: e& UAE, Huawei, Subex, Samsung

Today’s telecom news includes announcements on e& UAE, Huawei,...

Trump Signs Executive Order to Sell TikTok U.S. Operations for $14 bn, Ensuring Data Security and American Control

U.S. President Donald Trump has signed an executive order...

AT&T Named Fastest Wireless and Fiber Internet Provider in the U.S. by RootMetrics and Ookla

AT&T has cemented its position as the nation’s connectivity...

iPhone 17 Launch: What Smartphone Buyers Need to Know About Apple’s New Lineup

Apple is preparing to unveil its highly anticipated iPhone...