{"id":32,"date":"2012-09-28T18:44:27","date_gmt":"2012-09-29T01:44:27","guid":{"rendered":"http:\/\/www.riverlog.com\/wordpress\/?p=32"},"modified":"2012-10-14T13:01:36","modified_gmt":"2012-10-14T20:01:36","slug":"statistical-analysis-tools-may-not-be-where-the-solution-is-good-lord-how-long-will-these-rituals-continue","status":"publish","type":"post","link":"https:\/\/riverlog.bigleafproductions.com\/wordpress\/2012\/09\/statistical-analysis-tools-may-not-be-where-the-solution-is-good-lord-how-long-will-these-rituals-continue\/","title":{"rendered":"Statistical analysis tools may not be where the solution is. Good lord, how long will these rituals continue?"},"content":{"rendered":"<p style=\"text-align: justify;\">As more door opens up in the financing world for \u2018Big Data\u2019 tools, the existing tools provided by SAS, R-Programing, or tools that spit tabular data into excel spreadsheet, provides just statistical data. Not only that, these existing tools are not designed to accept the humongous data sets waiting to be consumed, arriving at high speed pipes in the form of requests. Disruption has taken place not by virtue of innovators and intelligent systems, but by the great demand that Big Data has put forth. Hard to handle the weight, tapes are being utilized traditionally and carried out as ritual acts. Yes, they like to forget about it, however, compliances and security aspects wouldn\u2019t allow them to.\u00a0 With more globalization occurring and confusions existing among data carriers and the ever increasing challenges in the telecommunications field, all demanded for disruption!<\/p>\n<p style=\"text-align: justify;\">The OracleOpenWorld which will begin in SFO, starting sept. 29<sup>th<\/sup>, has attracted about 50,000 attendees from 123 countries and expected online attendees of about 1 Mill. Here is a little \u201cbig\u201d data about the past event:<\/p>\n<p style=\"text-align: justify;\">\u00a0\u00a0\u00a0\u00a0\u00a0 There were 3,570 speakers<\/p>\n<p style=\"text-align: justify;\">\u00a0\u00a0\u00a0\u00a0\u00a0 40,942 Seats for sessions<\/p>\n<p style=\"text-align: justify;\">\u00a0\u00a0\u00a0\u00a0\u00a0 142,000 cups of coffee<\/p>\n<p style=\"text-align: justify;\">\u00a0\u00a0\u00a0\u00a0\u00a0 95,000 Sodas<\/p>\n<p style=\"text-align: justify;\">\u00a0\u00a0\u00a0\u00a0\u00a0 63,000 Lunches<\/p>\n<p style=\"text-align: justify;\">\u00a0\u00a0\u00a0\u00a0\u00a0 42,000 Gallons of Water<\/p>\n<p>This year sessions include \u201cBig Data\u201d, a few of them along with MySQL related sessions, <a href=\"http:\/\/www.oracle.com\/Exalytics\">Oracle Exalytics<\/a> etc, which can shed light on the issues of big data. Any evolution of the field of science of religion travels through the path to happiness or travels through the path to evil. With the Big Data hype growing on a day to day basis, there is \u201cmuch ado about nothing\u201d companies floating too.\u00a0 It is anticipated that there will be discussions on the big data, the required preparedness to perceive the scams and debunk the myths. One interesting thing on the session\u2019s list, is the union of Oracle Times Ten fuse with Exalytics. Oracle Times Ten is supposed to be an in-memory cache or full-featured, memory-optimized, relational database.<\/p>\n<p style=\"text-align: justify;\">Predictive analytics provide much needed customer information puffed out of a data warehouse systems traditionally. Usually that is what is currently being retrieved by tools. Other than helping with some upselling items for instance or maximum or peak times of purchase or money matters? At times, patterns can be detected on stored data. When big data is involved, then it becomes the question of anacondas against viper. Viper fangs are poisonous. It can spit poison. Ancondas are nonvenomous. Well, it\u2019s this way, when it comes to big data, it is a question of Godzilla against a monkey. <em>Not the code monkeys.<\/em><\/p>\n<p style=\"text-align: justify;\">As per the readings, todays current tools do not have the bandwidth to deal with Big Data. With existence of hadoop and its acceptance within the development community and NoSQL discussions, more tools are wanted by the big data \u201cdealers\u201d.\u00a0 Keep in mind, there are more players who have not much dealt with Big Data nor dealt with Data at all. Remember, data is secured and so how can a lot of them deal with it?\u00a0 Having designed a few databases might not give you the insight to deal with the Big Data problem. In order to understand Big Data, you either need to have the core mind of a researcher or you have to get the blessings of actually seeing and perhaps touching it. Only these two can see or visualize or perceive the problem of big data.<\/p>\n<p style=\"text-align: justify;\">Pardon the architects, for they do not know what they are doing \u2013 Tible Quoting.<\/p>\n<p style=\"text-align: justify;\">Welcome to the new age of code monkeys. Leave a comment and I will give you a chocolate. Hey, I like to hear what you have on big data, ok?<\/p>\n<p style=\"text-align: justify;\">Nobody knew what would ever happen to the data slowly growing within enterprise walls.<br \/>\nListen to these statements from the past\u2026.<\/p>\n<p style=\"text-align: justify;\">\u00a0\u00a0\u00a0\u00a0\u00a0 Man will not fly for fifty years \u2013 Orville Wright (1901)<\/p>\n<p style=\"text-align: justify;\">\u00a0\u00a0\u00a0\u00a0\u00a0 A Rocket will never leave the earth\u2019s atmosphere \u2013 New York Times (1936)<\/p>\n<p style=\"text-align: justify;\">\u00a0\u00a0\u00a0\u00a0\u00a0 There is a world market for may be five computers \u2013 IBM\u2019s Thomas Watson (1943)<\/p>\n<p style=\"text-align: justify;\">\u00a0\u00a0\u00a0\u00a0\u00a0 640K may be enough for anybody \u2013 Bill Gates<\/p>\n<p style=\"text-align: justify;\">Dear weather man, once you had told us, it may or may not rain. Today, you there is possibility of rain. I have a story and I had dreamt it and will narrate it. Twinkle twinkle little stars, I still wonder how big you are\u2026.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As more door opens up in the financing world for \u2018Big Data\u2019 tools, the existing tools provided by SAS, R-Programing, &hellip; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[12,9,17,10],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Statistical analysis tools may not be where the solution is. 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