Here are some of the “facts” about Big Data which should be taken with a pinch of salt. Like all myths they may have been based on truths at some point but, though often believed, they don’t necessarily stand up to scrutiny.
There’s so much hype around the subject of Big Data that it’s inevitable it will sometimes be over-sold. Don’t get me wrong – revolutionary advances are being made every day by organizations and businesses learning to combine the vast amount of data at their fingertips with cutting-edge analytics and data science. But it isn’t a magic cure-all for your (or the world’s) problems and mistakes and miss-steps happen all the time, often at great cost.