The volume of data being created and made accessible via the cloud by individuals and enterprises is rising exponentially. Whether by intent, or as an unintended consequence of our activities, our digital world is generating a data footprint unprecedented in magnitude. We call this emerging phenomenon big data. While big data presents a number of challenges related to such areas as data management and privacy, it clearly introduces a whole new set of opportunities for individuals and organizations. Massive stores of data, and here's the key: openly accessible, enables completely new innovation. Harvesting this data can result in formerly unanswerable questions to get answered; it may enable completely new questions to be asked; and re-purposing the data can create completely new value. Big data is quickly becoming a boon for decision-makers in any capacity. Provide open-access to your data to your staff or the marketplace, and they may present it back to you in ways that boost your business or build new opportunities. Governments all over the world are making available their massive data warehouses in standard formats via the cloud that are empowering citizens to build new applications and apply new solutions to everything from crime fighting to resource allocation. This presentation is a primer into this emerging and valuable space. It will cover a thorough explanation of big data, why it matters, where it is headed, and the opportunity for organizations. While it will focus on the positives of big data, it will touch on some of the implicit risks and challenges. Want to know more? Contact me: twitter.com/reichental

1. Leveraging the Value of Big Data in the Cloud Dr. Jonathan Reichental March 2010

2. What is Big Data? Where are we headed? What are the opportunities?

3. Large Hadron Collider & Swine Flu Slide 3 March 2010 Leveraging the Value of Big Data in the Cloud

4. Data economics are shifting. We’re moving from data scarcity to data abundance. Slide 4 March 2010 Leveraging the Value of Big Data in the Cloud

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6. Digitization Plummeting cost of storage Standards Interpreting unstructured data Social computing Accessibilty Some drivers of the data deluge: Slide 6 March 2010 Leveraging the Value of Big Data in the Cloud

7. More texts are generated per day than the population of the planet. Every minute, 20 hours of video is uploaded to YouTube. Facebook users upload 2 billion photos each month. 4.2 million closed-circuit cameras in the UK. One for every 14 people. Slide 7 March 2010 Leveraging the Value of Big Data in the Cloud

8. Credit card transactions + Tweets +Bar code swipes +Medical records+ Financials + Government data + Location information +Blogs+Knowledge documents + so much more Slide 8 March 2010 Leveraging the Value of Big Data in the Cloud

9. …and soon China and India will join in big numbers. Slide 9 March 2010 Leveraging the Value of Big Data in the Cloud

10. Phew! Now what? …650% growth in enterprise data within 5 years …85% of enterprise data unstructured …value being driven out of intellectual property …much less anonymity …data leakage …persistence of memory But let’s discuss the opportunities… Slide 10 March 2010 Leveraging the Value of Big Data in the Cloud

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20. What might this mean for the enterprise? Slide 20 March 2010 Leveraging the Value of Big Data in the Cloud

21. New Tools + New Skills + New Mindset + Innovation Slide 21 March 2010 Leveraging the Value of Big Data in the Cloud

22. 5New Opportunities to Bring Back to Your Organization Slide 22 March 2010 Leveraging the Value of Big Data in the Cloud

23. 1. Answer formerly unanswerable questions. Slide 23 March 2010 Leveraging the Value of Big Data in the Cloud

24. 2. Formulate new questions. Slide 24 March 2010 Leveraging the Value of Big Data in the Cloud

25. 3. Make more informed, evidence-based decisions. Slide 25 March 2010 Leveraging the Value of Big Data in the Cloud

26. 4. Democratize your data and unleash innovation. Slide 26 March 2010 Leveraging the Value of Big Data in the Cloud

27. 5. Visualize invisible knowledge. Slide 27 March 2010 Leveraging the Value of Big Data in the Cloud

28. Big Data is a Big Deal. The challenges are clear but the opportunities are abundant. Summary Slide 28 March 2010 Leveraging the Value of Big Data in the Cloud

29. Slide 29 March 2010 Leveraging the Value of Big Data in the Cloud To take advantage will require: New Tools + New Skills + New Mindset + Innovation

30. Slide 30 March 2010 Leveraging the Value of Big Data in the Cloud Here are five new opportunities: Answer formerly unanswerable questions Formulate new questions Make more informed, evidence-based decisions Democratize your data and unleash innovation Visualize invisible knowledge

31. Slide 31 March 2010 Leveraging the Value of Big Data in the Cloud Are you ready to leverage big data in the cloud?

32. If you would like a copy of this presentation, tweet me:twitter.com/reichental