January 18, 2017
Big Data and Cloud Computing were supposed to make things easier for the C-Suites to take billion dollar decisions. But it seems things have started to fall apart.
In an article published by Forbes titled The Data Warehouse Has Failed, Will Cloud Computing Die Next?, the author says:
A company that sells software tools designed to put intelligence controls into data warehousing environments says that traditional data warehousing approaches are flaky. Is this just a platform to spin WhereScape wares, or does Whitehead have a point?
WhereScape, a key player in Data Warehousing is admitting that the buzzwords in the IT industry are fizzing out. The Big Data is being generated, in abundance, but companies still are unsure what to do with the enormous amount of data that their companies produce.
Large corporations who already have invested heavily in Big Data are yet to find any RoIs. As the author points out:
Data led organizations have no idea how good their data is. CEOs have no idea where the data they get actually comes from, who is responsible for it etc. yet they make multi million pound decisions based on it. Big data is making the situation worse not better.
Looks like after 3D-Printing, another buzzword in the tech world, Big Data and Cloud Computing is going to be just a fizzled out buzzword.
Vishal Ingole, January 18, 2017