Next week, Feb 2-3, 2011, SiliconANGLE.com and SiliconANGLE.tv will be broadcasting live at the Strata Conference organized by O’Reilly Media.  Strata is a new conference from O’Reilly, focusing on the business and practice of data.

According to the Strata site it’s about unprecedented computing power and connectivity are bringing new layers of experience to our lives: a change that brings both opportunity and the challenge of new technologies and skills. The future belongs to those who understand how to collect and use their data successfully.  The Strata Conference will explore and expand out on the top trends and practices of data.  Strata Conference looks to be the next big showcase that dives into the next large growth area – big data and smart data.

Data Is The Next Industrial Revolution

Data is driving the second industrial revolution and it is fueled by data. And it will bigger than the first industrial revolution, because finally technology has democratized not just the access of data to a plethora of new companies but also the ability to store, mine, clean, analyze, and produce data products that can solve problems that you could not have solved before.  This new industrial revolution will be based on data factories. These are modeled on pioneering companies such as Facebook, Google, Twitter, and Yahoo!.

SiliconANGLE’s theCube will be hosting live coverage and commentary around the Strata Conference.  Recently, we covered Hadoop World where data was the primary driver for massive new venture opportunity and business model innovation.  Now O’Reilly Media is taking data to another level with a comprehensive conference on data called Strata.

Big Data is here, and it changes everything. From startups to the Fortune 500, smart companies are betting on data-driven insight. Get control of the new data opportunity at Strata—immerse yourself in three full days of hands-on training, information-rich sessions, and a sponsor pavilion filled with the key players and products. This new O’Reilly conference brings together the people, tools, and technologies you need to make data work.\

Here is an interview with Tim O’Reilly that I did with theCube co-host Dave Vellante in NYC at Hadoop World.

The Data market is about the focused on the convergence of infrastructure and business analytics and big data is taking center stage.  There is no doubt that this market is BIG. It is where enterprise customers are spending their money. It is where large established companies are looking for the next high growth market. It is a market segment in which entrepreneurs have big opportunities.

Big Data is not just one thing. It involves changes in infrastructure from advances in data storage and retrieval to new requirements for real-time processing and analysis of data. It involves new methods of capturing and analyzing the terabytes of unstructured data generated from web pages, video, and the myriad of sensor technology now being deployed.

Open source technologies such as Hadoop and MapReduce enable companies to cost-effectively analyze vast amounts of data. New application analytics for social media, sentiment analysis, and business intelligence open new business potential for entrepreneurs and big companies alike.

Data Storm – Strata Conference Will Address The New Opportunities

I love the “data storm” that we are experiencing. All around us entrepreneurs are energized by the prospects of new opportunities of technology applied to “data driven” platforms and business models. I was the first to write about data as a platform last year. Today, it’s more than fashionable – it’s the real deal.

If you look at all the signals from Facebook to Twitter and from Groupon to Cloudera, the power of data is gaining stream in all facets of venture creation – in every vertical.

It’s not just startups either. The biggest innovators like EMC are on data platform track. EMC recently bought Greenplum and have new stuff in the works to enable enterprises to leverage “data”. It’s all not just about big data but also “smart data” and “fast data”.

Data that is left alone and undeveloped becomes “Dumb Data” and “Slow Data”. Dumb data and slow data is a wasted asset. Now more then ever is intelligent insight gathered from data more important to businesses. The customers are all online with mobile as the new user interaction point for internet consumption and retail transactions.

At Strata, you’ll find intensely practical sessions for both business users and hardcore technologists; success stories (and cautionary tales) from startups that are making data their business and also established companies that are saving millions and creating new revenue streams; great networking opportunities; and keynotes that snap the big picture into focus.

Click here to get more info on the Strata Conference Feb 1-3.

O’Reilly’s Strata Focus

• Becoming a data-driven organization
• Data’s evolution from research to product
• Applications, case studies, and cautionary tales
• Distributed data processing, Hadoop ecosystem
• Data acquisition, crowd sourcing, cleaning, distribution and markets
• Machine learning
• Real-time data processing and analytics
• Data science best practice
• Visualization and design principles
• Augmented reality and immersive interfaces
• Data protection, privacy, and policy
• Training and recruitment of data scientists

Why You Should Attend Strata

Strata will become the defining conference for the layered world of tomorrow.

• Be the first to understand how you can leverage the promise of this huge change, and survive the resulting disruption
• Find new ways to leverage your data assets across industries and disciplines
• Learn how to take big data from science project to real business application
• Understand the training, hiring, and career opportunities for data professionals
• Meet face to face with other innovators and thought leaders

SiliconANGLE.tv will have full coverage live at the event with interview from the leading players and companies in the data revolution plus analysis from SiliconANGLE and Wikibon bloggers and analysts.

To watch live go to SiliconANGLE.tv – http://www.siliconangle.tv