When “big-data” is big and when it is not
A few months back, my company’s Chief Data Scientist Bryan Lewis gave a talk at the Boston R Users Group.
The theme of the talk was “thinking small about big data”. The slides are available here.
The following slide sort of reveals Bryan’s sentiment quite well (hopefully lies within fair use limits):
In his talk, Bryan goes on to show how seemingly “big” problems are easily tackled using a basic laptop computer (in fact, a really basic one). He notes two important ways of reducing “big”-data problems into more manageable sizes:
- Projection
- Changing bases
There are lots of links in the slides that give more detailed information about these methods.
There was something that is not covered in these slides:
– when is “big”-data really BIG?
Fortunately, in the Q&A session, someone asked the question and Bryan gave an explanation along the following lines:
Basically, whenever we are closer to the data-source, that is where the data is really big. For example, Bryan’s talk shows that certain problems involving genetics (more specifically, variant data) can be solved without “big”-data infrastructure. However the precursor to variant data are:
- Raw data (in order of Petabytes)
- Aligned sequences (in order of Terabytes)
While handling those datasets, it is imperative to use big-data solutions. The analogy works in many other fields and we can think of some other examples of “close-to-source” data – the raw trades and quotes data used for quantitative finance applications, a barrage of signals from sensors in Internet-of-Things applications.
Ultimately, the main summary is this:
Think before jumping into the “big”-data bandwagon. Remember, some big is really small, and then there is the really BIG big.