skip to main content
research-article

Modern Enterprises in the Bubble: Why Big Data Matters

Published: 06 February 2015 Publication History

Abstract

In the past few years, a massive amount of data has been delivered by an increased and ubiquitous use of Information and Communication Technologies (ICTs) in human activities and a propagation of smart devices or smart sensors, which continuously connect people and things in cyberspace. This huge bubble of data is a gold mine: it is an unlimited source of knowledge and insights about habits and preferences of people and has captured the attention of modern enterprises. Companies look at this data with interest and purpose to gain competitive advantage by applying analytics tools over them. In this context, a new approach is required for mastering data without the risk of ending up in the bubble and collecting a huge meaningless pile of junk data. Starting from a definition of new approaches, this work outlines Big Data strategies for modern enterprises and highlights challenges, emergent solutions and open issues.

References

[1]
Weinberg, B.D., Davis, L., Berger, P.D. 2013. Perspectives on Big Data, Journal of Marketing Analytics Vol. 1, (2013), 187-201.
[2]
Franks B. 2012. Taming The Big Data Tidal Wave, Wiley, (2012).
[3]
Hey, T., Tansley, S. and Tolle, K. 2009. The Fourth Paradigm. Data- Intensive Scientific Discovery, Microsoft Research, (2009).
[4]
Kitchin, R. 2014. Big Data, new epistemologies and paradigm shifts, Big Data & Society, SAGE, 1 (Jun 2014). DOI=10.1177/2053951714528481.
[5]
Ohlhorst, F. 2013. Turning Big Data into Big Money, John Wiley & Sons, Inc. (2013).
[6]
Mohanty, S., Jagadeesh, M., Srivatsa, H. 2013. Big Data Imperatives, Apress (2013).
[7]
Jagadish, H.Y. et al. 2014. Big Data and its Technical Challenge, Communications of The ACM, Vol. 57, n. 7. (July 2014)
[8]
Gaber, M.M., Zaslavsky, A. and Krishnaswamy, S. 2005. Mining Data Streams: A Review, ACM SIGMOD Record, Vol. 34, No. 2, 18--26. (June 2005).
[9]
Cattell,.R. 2010. Scalable SQL and NoSQL Data Stores, ACM SIGMOD Record, 39, 4, 12--27 (Dec 2010).
[10]
Dean, J., Ghemawat, S. 2008. MapReduce: simplified data processing on large clusters, Communications of the ACM, 2008.
[11]
Shvachko, K., Kuang H., Radia, S. 2010. The Hadoop Distributed File System, IEEE 26th Symposium on Mass Storage Systems and Technologies (MSST), (2010).
[12]
Desouza, K. C., Smith, K.L. 2014. Big Data for Social Innovation, Stanford Social Innovation Review, (2014).
[13]
Rijmenam, M. V. 2014. Think Bigger. Developing a successful big data strategy for your business, American Management Association, 2014.
[14]
Friedman, T.L. 2005. The World is Flat - A Brief History of the Twenty-first Century. Farrar, Straus, & Giroux, 2005.
[15]
Sawhney M., Prandelli E. and Verona G. 2003. The Power of Innomediation, MIT Sloan Management review (Winter 2003)
[16]
Hanson, J.J. 2009. Mashups: strategies for the modern enterprise, Addison-Wesley Professional (May 2009)
[17]
Lee E.A. 2008. Cyber Physical Systems: Design Challenges, Electrical Engineering and Computer Sciences University of California at Berkeley, 2008.
[18]
Terkaj, W., Urgo M. 2014. Ontology-based modeling of production systems for design and performance evaluation. Proceedings of 12th IEEE INDIN, (2014), 748--753.
[19]
Pedrielli G., Sacco M., Terkaj W., Tolio T. 2012. An HLA-based distributed simulation for networked manufacturing systems analysis. Journal of Simulation, 6(4) (2012), 237--252.
[20]
IBM Corporation. 2013. Capitalizing on the power of big data for retail, IBM Softwre, Big Data, (2013).
[21]
Smith, P. 2014. How can the analytics on Big Data affect the buying trends of customers in the retail industry?, Enquiry-The ACES Journal of Undergraduate Research, 5,1 (2014).
[22]
Mullich, J. 2013.Closing the Big Data Gap in Public Sector, SURVEY REPORT | Real-Time Enterprise, (Sep. 2013).

Cited By

View all
  • (2022)Persistence of RDF Data into NoSQL: A Survey and a Reference ArchitectureIEEE Transactions on Knowledge and Data Engineering10.1109/TKDE.2020.299452134:3(1370-1389)Online publication date: 1-Mar-2022
  • (2022)Big Data Visualization Tools, Challenges and Web Search Popularity - An Update till TodayBig Data Intelligence and Computing10.1007/978-981-99-2233-8_22(305-315)Online publication date: 8-Dec-2022
  • (2020)Büyük Verinin İnteraktif Görselleştirilmesi: Tableau Üzerine Öğrenci DeneyimleriEuropean Journal of Science and Technology10.31590/ejosat.659823(262-271)Online publication date: 1-Apr-2020
  • Show More Cited By

Index Terms

  1. Modern Enterprises in the Bubble: Why Big Data Matters

    Recommendations

    Comments

    Information & Contributors

    Information

    Published In

    cover image ACM SIGSOFT Software Engineering Notes
    ACM SIGSOFT Software Engineering Notes  Volume 40, Issue 1
    January 2015
    237 pages
    ISSN:0163-5948
    DOI:10.1145/2693208
    Issue’s Table of Contents

    Publisher

    Association for Computing Machinery

    New York, NY, United States

    Publication History

    Published: 06 February 2015
    Published in SIGSOFT Volume 40, Issue 1

    Check for updates

    Author Tags

    1. Big Data
    2. Business Intelligence
    3. Enterprise 2.0
    4. Knowledge management
    5. data analytics
    6. data integration
    7. data storage

    Qualifiers

    • Research-article

    Contributors

    Other Metrics

    Bibliometrics & Citations

    Bibliometrics

    Article Metrics

    • Downloads (Last 12 months)7
    • Downloads (Last 6 weeks)2
    Reflects downloads up to 08 Mar 2025

    Other Metrics

    Citations

    Cited By

    View all
    • (2022)Persistence of RDF Data into NoSQL: A Survey and a Reference ArchitectureIEEE Transactions on Knowledge and Data Engineering10.1109/TKDE.2020.299452134:3(1370-1389)Online publication date: 1-Mar-2022
    • (2022)Big Data Visualization Tools, Challenges and Web Search Popularity - An Update till TodayBig Data Intelligence and Computing10.1007/978-981-99-2233-8_22(305-315)Online publication date: 8-Dec-2022
    • (2020)Büyük Verinin İnteraktif Görselleştirilmesi: Tableau Üzerine Öğrenci DeneyimleriEuropean Journal of Science and Technology10.31590/ejosat.659823(262-271)Online publication date: 1-Apr-2020
    • (2020)Comparative Analysis of Tools for Big Data Visualization and ChallengesData Visualization10.1007/978-981-15-2282-6_3(33-52)Online publication date: 4-Mar-2020
    • (2019)Learning Ecosystem Ontology with Knowledge Management as a ServiceComputational Collective Intelligence10.1007/978-3-030-28374-2_48(555-567)Online publication date: 4-Sep-2019
    • (2018)Information Requirements for Big Data Projects: A Review of State-of-the-Art ApproachesDatabases and Information Systems10.1007/978-3-319-97571-9_8(73-89)Online publication date: 15-Aug-2018
    • (2017)Environmental Big DataACM SIGSOFT Software Engineering Notes10.1145/3011286.301130741:6(1-4)Online publication date: 5-Jan-2017
    • (2017)Modelling Multimedia Social Networks Using Semantically Labelled Graphs2017 IEEE International Conference on Information Reuse and Integration (IRI)10.1109/IRI.2017.70(493-500)Online publication date: 4-Aug-2017
    • (2017)Big Data and Big Data TechnologiesBig Data in Healthcare10.1007/978-3-319-62990-2_3(39-58)Online publication date: 12-Sep-2017
    • (2017)Experiences in WordNet Visualization with Labeled Graph DatabasesKnowledge Discovery, Knowledge Engineering and Knowledge Management10.1007/978-3-319-52758-1_6(80-99)Online publication date: 22-Jan-2017
    • Show More Cited By

    View Options

    Login options

    View options

    PDF

    View or Download as a PDF file.

    PDF

    eReader

    View online with eReader.

    eReader

    Figures

    Tables

    Media

    Share

    Share

    Share this Publication link

    Share on social media