Big data are extremely large amounts
of information that not only require vast amounts of storage
capacity but also the tools to be able to process the data
to provide information that would enable enhanced decision
making.
Some examples of big data include
information gathered from social networks, Internet search
indexing, medical records, millions of customer transactions
on Amazon.com, eBay and Walmart, etc.
This demand to manipulate extremely
large sums of data has driven the data management and
analytics industry to grow to over $15 billion market cap.
Bit Data is big business but it can
be utilized by both small and big businesses to gain a
competitive advantage.
To be of use big data has to be
collect, store, organize, analyze and shared.
On average the world generates
approximately 2.5 quintillion bytes of data each day.
Special software tools have to be
employed to capture, curate, manage and process the data.
Learn more about the benefits of Big Data and how you can
access and use it. |