I know one thing; that I know nothing. These words were famously attributed to Socrates in one of Plato's accounts of the philosopher, a phrase that now comes to represent the Socratic paradox. While it is contested whether Socrates actually said these words, the meaning is still poignant, indicating that the wisest people are the ones who don't assume to know all, who keep an … [Read more...] about Is Big Data a Slippery Slope?
accountability
The Dark (and not-so-dark) Side of Mobile Data
For information consumers, constant communicators and internet junkies everywhere, unlimited mobile data is a pass to unlimited playtime. Its like unlimited crack for the addict. For data scientists, analysts and marketers, the words unlimited mobile data spark raised eyebrows. Unlimited data, by its very nature, makes for limitless possibilities. How its use will pan out is, … [Read more...] about The Dark (and not-so-dark) Side of Mobile Data
In Order to Trust Big Data, Transparency Is Not Enough
Back in the old days of Web 1.0, there has been a short-lived debate on the trustworthiness of information found on websites. We were taught to check that certain information was referenced by other websites as well, that the sources were present and legitimate, and that comparable information could be found on other independent websites. Despite these precautions, a Dutch … [Read more...] about In Order to Trust Big Data, Transparency Is Not Enough
Why The 3V’s Are Not Sufficient To Describe Big Data
It is generally accepted that big data can be explained according to three Vs: Velocity, Variety and Volume. In a 2001 research report, META Group (now Gartner) analyst Doug Laney defined big data as being three-dimensional, i.e. increasing volume (amount of data), velocity (speed of data in and out), and variety (range of data types and sources). Later in 2012 Gartner updated … [Read more...] about Why The 3V’s Are Not Sufficient To Describe Big Data
Big Data Governance: Controlling and Handling Data
Accountancy within organizations has been around practically since the existence of organizations itself. As long as we can recall, we have kept track of what happened within an organization, or in the old days while farming or herding. The earliest records of accounting data back 7.000 years ago, from the ruins of Babylon, where the growth of crops and herds were recorded. … [Read more...] about Big Data Governance: Controlling and Handling Data
