Most Data Isn’t 'Big,' And Businesses Are Wasting Money Pretending It Is

Christopher Mims | Nextgov | May 7, 2013

Big data! If you don’t have it, you better get yourself some. Your competition has it, after all. Bottom line: If your data is little, your rivals are going to kick sand in your face and steal your girlfriend.

There are many problems with the assumptions behind the “big data” narrative (above, in a reductive form) being pushed, primarily, by consultants and IT firmsthat want to sell businesses the next big thing. Fortunately, honest practitioners of big data—aka data scientists—are by nature highly skeptical, and they’ve provided us with a litany of reasons to be weary of many of the claims made for this field. Here they are:

Even web giants like Facebook and Yahoo generally aren’t dealing with big data, and the application of Google-style tools is inappropriate.