Monday, June 8, 2015

IBM Think on Big Data (1)

Remarks by Nate Silver, Author, Founder of FiveThirtyEight and Correspondent, ESPN at the 2014 IBM THINK Forum.
In short order, Silver makes three crucial points about Big Data and Analytics:
  • Beyond the hype, there is the inescapable reality for business and organization alike: Do you have the people with the right capability to make it all work?  
  • A prerequisite is having a highly functional corporate culture, that can adapt and change, that can criticize itself when it needs to and realize where the opportunity is potentially, they cannot fall for the hype.
  • We must check our assumptions or hypotheses, our biases or preconceptions vis-a-vis an evolving reality of evidence, and undergo continuous refinements of the former.

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