Additional front end presentation by Tony Dobai
There is a transformational change coming to the world-wide-web that will fundamentally alter how its vast array of data is structured, and as a result greatly enhance the way humans interact with this indispensable resource. Given the inertia of existing infrastructure, this segue will be evolutionary as opposed to revolutionary, and indeed has been envisioned since the inception of the web. Come join us for a layman's look at the nature of the Web 3.0, its historical underpinnings, and the opportunities it presents.
Tony Dobaj has been an electrical engineer and technical project manager for nearly 30years and has worked in all phases of the product development lifecycle in a number of domains. His company, Gadgettronix, was started in 2010 and has recently pivoted top ursue the aforementioned opportunities.
What is the Market's Current Thinking Regarding ROI For Big Data
A good read and discussion topic for this months meeting (see Pages for details)
3 Roadblocks To Big Data ROI
The average company today gets a mere 55-cent return on every dollar it spends on big data, according to a Wikibon study. Here's why and what to do about it.
Most organizations that implement big data platforms expect to derive significant value from their investment. But nearly half of these firms aren't achieving the level of value or return on investment (ROI) that they had expected.
According to a new study by Wikibon, an open-source research firm that competes with Gartner and Forrester, the ROI of these big-data projects is proving to be a big letdown for most enterprises.
"In the long term, they expect $3 to $4 return on investment for every dollar. But based on our analysis, the average company right now is getting a return of about 55 cents on the dollar," said Jeffrey F. Kelly, Wikibon principal research contributor, in a phone interview with InformationWeek.
Wikibon bases its findings on multiple information sources, including conversations with big data vendors and service providers, feedback from the Wikibon community, and results from a survey of nearly 100 "big data practitioners," the firm said.Forty-six percent of survey respondents reported that they've realized only "partial value" from their big data deployments, while 2% called their deployments "total failures, with no value achieved,
• Bummer or is it an Opportunity?
Yes it is-------------------------------------