Tag Archives: big data

Why Big Data Analytics is harder than you think: numerical precision matters!

How big is your Big Data data set? If it is not measured in petabytes then perhaps it doesn’t qualify. In any case, as the amount of data grows the challenges grow disproportionately and in areas that perhaps you don’t expect. In this post, I am raising a number of challenges and concerns that you should be thinking about, especially if you are interested in business analytics on large data sets.

I recommend that if you are serious about large data sets and numerical precision, you have no choice but to adopt 128-bit arithmetic in most scenarios, especially financial.

Continue reading