The Next Big Thing
Posts about next generation technologies and their effect on business.

Derived data can be where the value is…

derived data.pngI was talking to a group of people today about analytics and big data and happen to mention derived data – one example of this is derived behavior. This concept was not something they were familiar with so I tried to explain it to them.

 

There is actually much more information available to work with than we think in many cases. It is not just about what organizations have traditionally thought of as ‘data’ but also available is derived data, based on who is sending what to whom and what is the relationship between the entities that are interacting. This is at the heart of the Compass demonstration HP Labs presented at Discover a few years back.

 

Derived data also lets us apply information from sensors to less intelligent objects that are in the same area or situation. For example, all the data in the same temperature controlled warehouse should be experience the same environment – we can derive this information based on the common context.

 

The concept of derived data points back to the idea that context is king and this derived data helps provide the context.

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