Gartner recently released their Hype Cycle for Cloud Computing in which is contained the state of play for Big Data.
It’s interesting to see that Gartner focuses on technology triggers first and how that’s helping driving change. In this picture you can see that Big Data is coming towards a ‘Peak of Inflated Expectations’.
From my experience, I still think we’re in the early days of Big Data. I don’t see much understanding of the applications of big data, and vendors are only just picking up use cases in which they can apply big data technology. Fintricity spends a lot of time with prospects and clients to help figure out how they can apply Big Data through valid use cases. We’ve listed a number of these on our website, please see them there if interested (www.fintricity.com).
I think Gartner is a bit early on getting up the Hype Cycle. If nothing else, we’re seeing Analysts and their customers looking at this more seriously and that’s great for the Enterprises in which they work. We are finally seeing enterprises taking information, data, analytics more seriously and its integration into helping making better business decisions and driving outcomes.
