Big Data Will Change How We Think

The word “revolution” has become commonplace among big data proponents for characterizing changes brought about by new analytics tools and the associated technologies. Some have argued that big data analytics herald the “end of theory” or of uncertainty about the future or of traditional sample-based testing methods. While almost invariably overblown, such proclamations are nevertheless right that big data is revolutionary. But what kind of revolution is it?

So begins a brilliant post by M. Anthony Mills for the U.S. Chamber of Commerce Foundation. Mills reflects on the history of the data sciences, and how our conception of knowledge has changed over time. We may not be able to predict all the ramifications of Big Data, but we know that it will greatly improve our ability to predict events. Agile minds are needed, to think differently, and realize the full potential of the data available to us. Those of you with agile minds should enjoy reading Mills’ blog.

Eric Priezkalns
Eric Priezkalns
Eric is the Editor of Commsrisk. Look here for more about the history of Commsrisk and the role played by Eric.

Eric is also the Chief Executive of the Risk & Assurance Group (RAG), a global association of professionals working in risk management and business assurance for communications providers.

Previously Eric was Director of Risk Management for Qatar Telecom and he has worked with Cable & Wireless, T‑Mobile, Sky, Worldcom and other telcos. He was lead author of Revenue Assurance: Expert Opinions for Communications Providers, published by CRC Press. He is a qualified chartered accountant, with degrees in information systems, and in mathematics and philosophy.

2 Comments on "Big Data Will Change How We Think"

  1. Avatar Daniel Peter | 6 Nov 2014 at 10:49 am |

    Hi Eric
    The post by M.Anthony Mills is indeed brilliant. Big data analytics is changing the way scientific inquiry and business decisions are being made. As Anthony mentioned, application of probability theory to scientific inquiry during 19th century created a whole new framework for thinking scientific inquiry. Similar revolution is happening with Big data technology now; knowledge acquisition, innovation and scientific inquiry can happen much faster now.

  2. Michael Lazarou Michael Lazarou | 11 Nov 2014 at 6:31 pm |

    The other day I stumbled upon this…. Give people data and lets see what they do with it. That will answer the question: “what kind of revolution is it?” More processing power and faster networks with more capacity are sure to help as well…

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