Small projects often embody more innovation than larger more costly or high profile ones.
The phenomenon of “Big Data” exacerbates the tension between potential benefits and privacy risks by upping the ante on both sides of the equation. Any project can fail for any number of reasons: bad management, poor budget management, or just a lack of relevant skills. However, big data projects bring their own specific risks.
In a sign of things to come, a Swedish train operator is using new technology that employs big data to predict the entire commuter train system two hours into the future.