As the article points out, ever since “Moneyball”, the search has been on for the next big, Big Data, play in sports. Because of the increasing signal to noise ratio, it’s not yet been found.
How soon will it be before the signal to noise problem of increasing data volumes causes a backlash against the Big Data phenomenon in financial services, insurance and business in general?
The more data we collect, the harder it is to filter signal from noise, according to renowned statistician Nate Silver. One sport where this truth recently became evident is cricket.