Weekly News

Published on August 27th, 2012 | by Daniel Castro


Friday Roundup (8/24/2012)

We know Big Data is big, but just how big? Facebook revealed that it processes over 2.5 billion pieces of content and 500 terabytes of data each day (and possibly has the single largest Hadoop system in the world). Read more at TechCrunch. (LINK)

Of course Facebook isn’t the only company taking advantage of Big Data. Lisa Arthur writes in Forbes this week about how eBay saved millions of dollars after turning its data analytics prowess to its internal IT operations. (LINK)

Nor is Big Data limited to the tech sector. An article in CIO reviews several recent surveys which show how C-level executives are increasingly leveraging data and data analytics to set their firm’s business strategy and make day-to-day decisions. (LINK)

And what is needed for more companies to take data analytics to the next level? Patrick Gray, a business consultant, argues in an article in CIO Report that the benefits from Big Data will require organizational changes, such as new hybrid team structures that bring together business, analytical and technical talent. (LINK)

Finally, what does Big Data have to do with food and wine? GigaOm describes how companies like Snooth and Yummly are using data analytics to produce Pandora-like wine recommendations and nutrition information for recipes (LINK).

Not surprisingly, Snooth isn’t the only company trying to bring Big Data to the wine industry.  An article in the HBR Blog Network describes how the company VinoEco is creating a wine-recommendation engine based on wine attributes and consumer preference data. (LINK)

See an interesting “Big Data” story? Email Daniel Castro (dcastro@itif.org).

Photo credit: Flickr user Glen Scott

About the Author

Daniel Castro is the director of the Center for Data Innovation and vice president of the Information Technology and Innovation Foundation. Mr. Castro writes and speaks on a variety of issues related to information technology and internet policy, including data, privacy, security, intellectual property, internet governance, e-government, and accessibility for people with disabilities. His work has been quoted and cited in numerous media outlets, including The Washington Post, The Wall Street Journal, NPR, USA Today, Bloomberg News, and Businessweek. In 2013, Mr. Castro was named to FedScoop’s list of “Top 25 most influential people under 40 in government and tech.” In 2015, U.S. Secretary of Commerce Penny Pritzker appointed Mr. Castro to the Commerce Data Advisory Council.Mr. Castro previously worked as an IT analyst at the Government Accountability Office (GAO) where he audited IT security and management controls at various government agencies. He contributed to GAO reports on the state of information security at a variety of federal agencies, including the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). In addition, Mr. Castro was a Visiting Scientist at the Software Engineering Institute (SEI) in Pittsburgh, Pennsylvania where he developed virtual training simulations to provide clients with hands-on training of the latest information security tools. He has a B.S. in Foreign Service from Georgetown University and an M.S. in Information Security Technology and Management from Carnegie Mellon University.

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