Prat Moghe, founder and CEO of Cazena, discusses how enterprise big data strategies have evolved beyond storing petabytes to prioritizing rapid decision-making.
“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 is different now.”
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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…”
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Opinion
Pratt Mogai: Mass direct marketing is over
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PredictionNot 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…”
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AssertionNot 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.”
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AssertionContradicted
Mogai: NYC reduced gunfire and police deployment using predictive data
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Insight
Pratt Mogai: Big data is difficult to migrate due to deep enterprise integration
“If you look at big data is not a siloed application. It gets infused through the organization. So it's usually part of some operational business process. And it's really hard to lift and shift it into the cloud.”
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