When the internet of things comes to fruition, the economics of big data analytics will start to pay off, said Gaurav Dhillon, founder and CEO of SnapLogic. It will be a world in which sensored devices will grow far beyond the NEST thermostats and Fitbit devices some of us now have.
The foundation of the current data warehouse business was the simple bar code, used to replenish inventory. Data warehouses are now a $30 billion business, he said. Now imagine when there’s input from all these other devices and machines generating and transmitting data. That’s when the “numbers of big data start to ring true,” Dhillon said at GigaOM’s Structure Data conference on Wednesday.
There are already apps that ping a retailer if they notice a shopper wandering aimlessly around a superstore. The app will will send a sales associate to help the wayward shopper find what she’s looking for. “That could be quite useful,” Dhillon…
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