How can SMEs benefit from big data? Challenges and a path forward

Big data is big news, and large companies in all sectors are making significant advances in their customer relations, product selection and development and consequent profitability through using this valuable commodity. Small and medium enterprises (SMEs) have proved themselves to be slow adopters of the new technology of big data analytics and are in danger of being left behind. In Europe, SMEs are a vital part of the economy, and the challenges they encounter need to be addressed as a matter of urgency. This paper identifies barriers to SME uptake of big data analytics and recognises their complex challenge to all stakeholders, including national and international policy makers, IT, business management and data science communities. The paper proposes a big data maturity model for SMEs as a first step towards an SME roadmap to data analytics. It considers the ‘state-of-the-art’ of IT with respect to usability and usefulness for SMEs and discusses how SMEs can overcome the barriers preventing them from adopting existing solutions. The paper then considers management perspectives and the role of maturity models in enhancing and structuring the adoption of data analytics in an organisation. The history of total quality management is reviewed to inform the core aspects of implanting a new paradigm. The paper concludes with recommendations to help SMEs develop their big data capability and enable them to continue as the engines of European industrial and business success. Copyright © 2016 John Wiley & Sons, Ltd.Peer ReviewedPostprint (author's final draft

Automating Data Science: Prospects and Challenges

Given the complexity of typical data science projects and the associated demand for human expertise, automation has the potential to transform the data science process. Key insights: * Automation in data science aims to facilitate and transform the work of data scientists, not to replace them. * Important parts of data science are already being automated, especially in the modeling stages, where techniques such as automated machine learning (AutoML) are gaining traction. * Other aspects are harder to automate, not only because of technological challenges, but because open-ended and context-dependent tasks require human interaction.Comment: 19 pages, 3 figures. v1 accepted for publication (April 2021) in Communications of the AC

Progressive Analytics: A Computation Paradigm for Exploratory Data Analysis

Exploring data requires a fast feedback loop from the analyst to the system, with a latency below about 10 seconds because of human cognitive limitations. When data becomes large or analysis becomes complex, sequential computations can no longer be completed in a few seconds and data exploration is severely hampered. This article describes a novel computation paradigm called Progressive Computation for Data Analysis or more concisely Progressive Analytics, that brings at the programming language level a low-latency guarantee by performing computations in a progressive fashion. Moving this progressive computation at the language level relieves the programmer of exploratory data analysis systems from implementing the whole analytics pipeline in a progressive way from scratch, streamlining the implementation of scalable exploratory data analysis systems. This article describes the new paradigm through a prototype implementation called ProgressiVis, and explains the requirements it implies through examples.Comment: 10 page