Dr Ohad Barzilay

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Big Data Landscape Big Data Landscape Dr. Ohad Barzilay Technology Management and Information Systems Technology Management and Information Systems

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Big Data 12/3/14

Transcript of Dr Ohad Barzilay

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Big Data LandscapeBig Data Landscape

Dr. Ohad Barzilay

Technology Management and Information SystemsTechnology Management and Information Systems

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What do you mean when you say

Big Data?Big Data?

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Lots of Data

• Geology

• Space

• Human body

• Digital life• Digital life

• The Internet

• Social networks

• 3 V’s of Big Data:– Volume

– Velocity

– Variety

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Enterprise Information

Systems

• Storage

• Processing

• Communication

• Internet Scale• Internet Scale

• New paradigms

– Moving to the cloud

– Distributed computing

– NoSQL

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Data => Information => Knowledge

• Applications of theoretical research which exists for years:– Data Mining

– Machine learning

Statistics

Machine learning

– Statistics

– Econometrics

• "By 2018, the United States alone could face a shortage of 140,000 to 190,000 people with deep analytical skills“

[Mckinsey, May 2011]

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Data => Information =>

Knowledge => Decision Making

Sources: IDC: 2012 “Worldwide Big Data Technology and Services Forecast: 2011-2015,

Gartner: 2012 “Big Data Drives Rapid Changes in Infrastructure and $232 Billion in IT Spending Through 2016

“By 2018, the United States alone could face a shortage of 1.5 million managers

and analysts with the know-how to use the analysis of big data to make effective

decisions”

[Mckinsey, May 2011]

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Big Data Technology Stack

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Is Big Data Only a Buzz?

• A major criticism of Big Data say it is just a re-

branding of existing stuff

BUTBUT

• Big Data provides a managerial framework for

making data driven business decisions

• A scientific mindset

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Data Does NOT Tell Any Story!

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From Big Data to Data Science

Formulate hypotheses

Make decisions

Analyze it correctly, find

correlations, infer causality

• Capture the phenomena correctly

• Measure relevant data

correlations, infer causality

Process the data

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What do people buy before a

hurricane?

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Some insights

• As business grow there is too much data to

make sense of:

– Distributed organizations

– Distributed responsibilities– Distributed responsibilities

– Small adjustments have

large impact

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Another Example: SportVU

• An Israeli startup acquired by STATS

• Player Tracking Technology

– Basketball

– Football (Soccer)– Football (Soccer)

• Lets examine SportVU technology on top of

the Big Data Technology Stack

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SportVU and the

Big Data Technology Stack

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SportVU and the

Big Data Technology Stack

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SportVU and the

Big Data Technology Stack

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SportVU and the

Big Data Technology Stack

Moneyball on steroids

http://grantland.com/features/expected-value-possession-nba-analytics/

http://grantland.com/features/the-toronto-raptors-sportvu-cameras-nba-analytical-revolution/

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SportVU and the

Big Data Technology Stack

Live twitting

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SportVU and the

Big Data Technology Stack

Sport Medicine

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Thank you

[email protected]@tau.ac.il