PolySpot Creates and Delivers Insights and Knowledge
December 5, 2012
The source of data is not singular these days. There are many spouts that funnel into a much larger pool than ever before. According to IBM, more than 2.5 quintillion bytes of information are generated every day, as cited in the recent article “Big Questions for Big Data” from the Huffington Post.
The author drew upon his experience in participating and presenting at the MIT SENSEable City Laboratory‘s UrbanCode Symposium. While much excitement characterized the sentiment of the event, there was also several concerns that the attendees (students of public policy) expressed. As a side note, the author noted that these folks are not often fluent in technology but are aware of potential issues in bringing new methods to the table.
In reference to organizational capacity, the following issues were identified:
Data are resources, but they are not information. Translating data into information and knowledge takes organizational capacity that does not exist in most of the world’s urban centers, e.g., a new generation of “data professionals,” processes and tools to gather, digest and transform big data into information that can be understood and used to make mundane urban operations such as ensuring that the traffic signals are working to making major investment decisions to determine whether a new rail systems should be built.
All knowledge and insights are essentially interpretations. Vendors like PolySpot understand this idea and knowledge and insights easily come to fruition with their Information at Work solution.
Megan Feil, December 5, 2012