Final Wrap, BigDataNYC 2014 with Dave Vellante and Jeff Kelly
@theCUBE #theCUBE #BigDataNYC #SiliconANGLE
Traditional warehouse installations are struggling with data volumes and velocity. They are expensive and inflexible, said Jeff Kelly, Principal Research Analyst at Wikibon.org. According to data management practitioners, warehouse technicians and data scientists surveyed by Wikibon, organizations are currently looking at new, emerging methods of analyzing, storing and processing data. These businesses are anxious to apply Big Data applications, carving parts of their budgets to dedicate towards research and development (R&D), and Hadoop, the popular open platform for managing large data sets.
While the incentive to explore and adopt Hadoop exists and it does solve a real problem, “it’s still fairly early days,” Kelly stated in his live segment with theCUBE host Dave Vellante at this week’s Big Data NYC event. “Early adopters are starting to move workloads into production,” others use Hadoop to support applications, yet over 41 percent are still only evaluating the technology, Kelly explained.
“It sounds simple, but the fact is this stuff is really hard,” Kelly went on, noting that the majority of practitioners are not yet realizing their full return on investment. The good news is there are a handful of companies that are doing this, and making a profit. “Those are the companies you want to focus on from an investment perspective,” said Kelly. While he didn’t share which companies these are, it’s expected Kelly will offer further detail in his dedicated analyst segment scheduled for this afternoon at Big Data NYC.
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Final Wrap | Big Data New York City 2014
Final Wrap, BigDataNYC 2014 with Dave Vellante and Jeff Kelly
@theCUBE #theCUBE #BigDataNYC #SiliconANGLE
Traditional warehouse installations are struggling with data volumes and velocity. They are expensive and inflexible, said Jeff Kelly, Principal Research Analyst at Wikibon.org. According to data management practitioners, warehouse technicians and data scientists surveyed by Wikibon, organizations are currently looking at new, emerging methods of analyzing, storing and processing data. These businesses are anxious to apply Big Data applications, carving parts of their budgets to dedicate towards research and development (R&D), and Hadoop, the popular open platform for managing large data sets.
While the incentive to explore and adopt Hadoop exists and it does solve a real problem, “it’s still fairly early days,” Kelly stated in his live segment with theCUBE host Dave Vellante at this week’s Big Data NYC event. “Early adopters are starting to move workloads into production,” others use Hadoop to support applications, yet over 41 percent are still only evaluating the technology, Kelly explained.
“It sounds simple, but the fact is this stuff is really hard,” Kelly went on, noting that the majority of practitioners are not yet realizing their full return on investment. The good news is there are a handful of companies that are doing this, and making a profit. “Those are the companies you want to focus on from an investment perspective,” said Kelly. While he didn’t share which companies these are, it’s expected Kelly will offer further detail in his dedicated analyst segment scheduled for this afternoon at Big Data NYC.
