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Mass. firms see riches, jobs in charting oceans of data

There’s big business in making sense of the massive amounts of information generated on the Web, and Boston is fast becoming a hub for what is deemed the next big trend in technology: analyzing data. Massachusetts is home to more than 100 companies that focus on what is known as “big data.’’ Employment in this sector is expected to more than double over the next six years, adding an estimated 15,000 jobs, according to the Mass Technology Leadership Council.

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Comments

This article has been terrific at identifying Massachusetts as an emerging leader in both the software to deal with Big Data but more importantly the people skilled to leverage the data and that software. An important point with regards to Big Data analytics is that the process to integrate, analyze, mine, visualize and then share with business people is both science and art. Data scientist is a title often associated with Big Data analysis and addresses the technical side of the equation. But despite the volume of data, Big Data analysis suffers from incomplete, dirty and inconsistent data. Creating value out of this means an iterative and creative approach that goes beyond just understanding the data mining algorithms. In addition, understanding the business, its customers and economics is also part of turning data into information that the business can use. Massachusetts, as the article points out, is a terrific source of existing data management talent that can be tapped for Big Data analysis. Massachusetts universities and colleges are a great source of students with engineering, science, math and business backgrounds that can further expand our talent pool.