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When I see analytics in industry I normally see a whole lotta graphs, big reports for the monthly board meeting, and so on. The way the industry is moving is ba
by noelwelsh 14y ago
When I see analytics in industry I normally see a whole lotta graphs, big reports for the monthly board meeting, and so on. The way the industry is moving is basically replicating what people used to do with "small data" on the systems for handling "big data". Witness the surge of interest in SQL-on-Hadoop type systems.
I believe a large amount of this is crap.
Only actions lead to improvements. The tighter your observe/act loop the more chances to win you have in any given timeframe. Computers can act a heck of a lot faster than humans. Computers can also do a better job for balancing risk than humans in many situations.
If I was a consultant I would definitely be selling my report generating ability. If I was a company that really wanted to win big I would investing in automated decision making systems.
(Ob plug: My startup, Myna http://mynaweb.com http://mynaweb.com, is one small realisation of this idea.)
- deleted 14y ago[deleted]
- mtrimpe 14y agoSorry to take it off-topic, but I've never understood how you're supposed to customize your pages based on a synchronous call to a third party API though. From what I can see it add quite a lot of latency and introduce a single point of failure, which I'm sure isn't acceptable for most cases.
- noelwelsh 14y agoI'd rather have this discussion over email: noel at mynaweb.com If you're really concerned about latency, integrate on the server-side using asynchronous calls. If that isn't an option: - Our main approach to managing latency right now is making Myna really really fast (avg response time 2.5ms, 99% ~6ms). - If that isn't good enough, you can host your own Myna server(s). - We have various things in the works to improve on this in the near- and medium-term future. Happy to discuss more on email.
- blablabla123 14y agoYeah within report generators is a lot of business I think. The classical report generators take ages and may even put strain on the DB servers. Writing this stuff completely from scratch on the other hand is a lot of work, so it takes time to see novel results. (I speak from experience ;))