This week SnapLogic CEO Gaurav Dhillon sat down with Andrew Nusca from Fortune Magazine to answer the question – Is big data the answer for every company? The article, Beware the “Big Data Barbell“, features an interesting discussion about the pros and cons of big data investments and an interesting perspective on the overall data management opportunity with the co-founder and former CEO of Informatica.
Here are a few sound-bytes from the discussion:
- “More data doesn’t make you any smarter; it just means you spent a lot of money to store it. This is where the market will shake out — the benefits.”
- “I’m not here to tell you it’s a panacea; I’m here to tell you that managing that data … people are going to get varying mileage from it.”
- “There are Orwellian concerns around big data in society, but not in business. But in business, there are issues around having the wrong data or not being able to get at information — that’s the same as it was 50, 60 years ago. At SnapLogic, we’re trying to finish some unfinished business. Why is this so hard in 2014?”
- “There’s nothing worse than a half-baked, half-funded big data project. That’s the worst of all. You’re creating a bad feeling about the true benefit of this.”
You can read the entire article here.
Gaurav also recently participated in a big data panel at the Bloomberg Enterprise Technology Summit in New York. Here’s a quick video. Stay tuned for more big data announcements and opinions from SnapLogic in the coming weeks!