“Big Data” is a powerful term. And the vendors touting it present a standard pitch, starting with the data avalanche and ending with an ultimatum: go for Big Data now or be out-competed by everyone else.
For some firms, Big Data is essential to their performance and even survival. Consider Google and Facebook, media centers like Netflix, high-frequency trading tick data, and aircraft sensors that can capture up to 30 terabytes (TB) of data per flight.
It’s also a game-changer for scientists who
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails