The Data Analytics Boom, in Forbes
Published on 11/10/2010
Well, if it’s in Forbes, it must be true.
Why analytics is taking off right now:
- Total Quality and Six-Sigma taught statistics to engineers.
- Goldman Sachs made mad money with statistical finance. This is a good read.
- There’s a crap-load of data available now. 2 exabytes a day of new data, though frankly it’s mostly cat videos and Bieber tweets.
- Cheap computers, cheap cloud computing, and good open source software like R and RapidMiner
- read more below…
http://www.forbes.com/2010/11/05/google-facebook-computing-technology-data.html
Frankly, I think Competing on Analytics had a fair amount to do with it, as did the million dollar Netflix Prize.
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