Semantics Fuel Need for Analytics

February 22, 2012

Here’s a different approach to the “next big thing.” Network Computing insists, “Semantic Technology Key to Mastering Data Growth, Analysis.”  The article examines the recent InformationWeek report titled Database Discontent.

It used to be that data analysis parameters were defined manually. However, says the report’s co-author David Read, that is becoming less and less feasible. Writer Chris Talbot explains:

With the significant depth and breadth of data contained inside and outside the enterprise, in addition to the high volume of transactions that are continually generating more data, there is no reasonable way for people to know where to look when seeking out actionable knowledge, Read said. Predictive analytics will likely outpace reporting and traditional business intelligence efforts in the future, and they will be used to inform SMEs [Subject Matter Experts] about where to invest their business intelligence efforts, he added.

SQL systems are fine for analyzing uniform data, he adds, but not the growing mounds of unstructured data. The report sees semantic technology as the answer to the problem. Talbot notes that these tools have both improved and come down in price over the last few years. The way things are going, that’s a very good thing.

Cynthia Murrell, February 22, 2012

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