Pratt Moghe, CEO and founder of Cazena, discusses the state of legacy big data enterprise infrastructure on the a16z Podcast.
Insight
Moghe: Big data projects fail when data collection precedes business goals
“When you looked at many big data projects, the ones that fail, Are ones where people have taken this approach of saying, I want to collect all the data, and then I want to figure out what questions I can ask. I want to look for hidden patterns, as opposed to p…”
Opinion
Pratt Mogai: Mass direct marketing is over
“The days of, you know, mass direct marketing are over.”
Insight
Moghe: Big data is defined by decision speed, not storage volume
“I sort of define big data as it's a mindset. It's about being really fast about using data to make decisions. So it's not just about petabytes of data. It's about, you know, how fast can you leverage data to create business outcomes and so that mindset is what…”
Prediction Not checkable as stated
Moghe: Enterprise data is shifting to verticalized full-stack applications
“So there's a whole new breed of, ah, we heard this morning, like the full stack, you know, sort of the full stack app. Like verticalized, experiences, everything that matters. I think that's where it's going. I think where it's going is all that data gets surf…”
Assertion Not checkable as stated
Moghe: Spark and Hadoop do not replace existing data warehouses
“Spark doesn't subsume data warehousing. Hadoop doesn't subsume, you know, streaming. So they're just like different technologies for different jobs.”
Assertion Contradicted
Mogai: NYC reduced gunfire and police deployment using predictive data
“You know, like in New York City, I think this was New Year's Eve, and they collected statistics on random gunfire, and they used that data to predict where they should deploy, ah, police so that they could ensure safety, right? And what they realized is that t…”