The Future Belongs to the Young and Nimble

With enormous sunk cost in legacy technology, big business is slipping further behind the technology edge

By Eric Knorr

InfoWorld

The following excerpt is from Eric Knorr's article in InfoWorld on March 29, 2010

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After last year's violent contraction of the economy, I get the sense that many large enterprises are hunkering down and avoiding the cost of change more than ever. If so, they're going to miss out on some exciting stuff. To take one example, a number of startups are approaching "big data" in a new way, using Hadoop and other non-SQL approaches to extract value from very large historical databases. One of those companies, Revolution Computing, which specializes in the R language for statistical analysis, just hired as its CEO Norman Nie, the founder of SPSS. "The future belongs to the young and nimble," he says.

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Link to article.