The big data market is predicted to be valued at an astonishing $100bn (£60bn) by 2020, according to IDC.
Hadoop Summit 2014: $50bn of big data market in 2020 will be driven by Hadoop - IDCChannel 4 CIO Kevin Gallagher believes that a combination of older and new technologies is necessary, and that the rise of big data has meant traditional technologies are now more important than ever.
"With 4OD, we want viewers to be recommended the shows that they want to watch, so we're using our big data history to look at what people have liked before, and recommend them episodes that they haven't seen from that show or ‘people who liked this tend to like this, also viewed this' options," he told delegates at Computing's Big Data Summit.
"Big data [initiatives] are good for doing that because there is so much [data] there, and actually traditional databases are brilliant when you've got 10 million viewers' data to [sift through]," he said.
"The appetite for traditional insight and technologies hasn't gone away, in fact it has grown," he added.
Mike Gualtieri, analyst at Forrester Research, agreed with Gallagher, explaining that currently there is a lot of "cold data" on relational databases that used to be queried, and that now the data remains on these databases as an "expensive resting place".
He said that the use of big data technologies such as Hadoop enables companies to easily accumulate more data, but those organisations are then going to need to query or process that data in a very high performance platform.
"So you may see some data move off into Hadoop but then I think it's going to swell back up again into the high-performance platforms," Gualtieri suggested.
But, of course, traditional big data tools don't work for everybody, and much of this is down to the industry in question.
Charles Ewen, CIO at the Met Office, said that traditional database and business intelligence tools are inadequate for conducting BI data analysis because they cannot easily handle the "dimensions" of time and uncertainty.
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Kota Kinabalu: Police have apprehended one of the suspects in Wednesday's carjacking that involved a 23-year-old woman being taken on a terror ride before jumping out of her own car to escape the ordeal.
City Police Chief ACP Jauteh Dikun on Thursday said with the arrest of a 30-year-old local man here, police also recovered the Myvi belonging to the woman.
"Mobilising all our men, we arrested the carjacker about 11am at the shop blocks of Universiti Apartment.
"Having interrogated the man, he led us to where they abandoned the car, at CKS Menggatal, where knives were also found, believed used by them," he told reporters here.
Jauteh, who credited the arrest to a public tip-off, noted the carjacker was a former convict with narcotic offences against him.
They are now on a manhunt for the accomplice, a 40-year-old local, who has gone into hiding, while trying to establish whether the duo had any connection to a similar incident that happened on April 7.
It was reported previously that an 8-year-old-boy was driven away in a Toyota Vios after his mother had left him inside the car with the engine running to buy some bread from a nearby vendor in Asia City.
The car was found abandoned 6km away later the same day.
In the instance of the 23-year-old woman, who had just taken delivery of her Myvi car, she turned up early for work to avoid the morning rush hour because she has not mastered driving.
The woman was parking her car at Likas Plaza around 6am when the two carjackers suddenly showed up and shoved her back into her car.
They then took her on an 8km terror ride as she put up a fight, before jumping out of her car along Jalan Sulaman, sustaining minor injuries as she rolled onto the road.
Jauteh said the police are all out to solve the case, saying they are determined to restore public confidence.
Kidnappers demanding RM36.
© Copyright 2014 Sabah Publishing House Sdn. Bhd.
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