10 Big Data Trends Driving the Future of Business


BANGALORE: The business world along with all sectors of studies is in for a revolution with the use of big date that is growing at a rate unexpected. Big Data includes the data sets that are beyond the ability of commonly used software tools to captivate, analyze, store, manage and process within a limited elapse of time. Many business and IT companies have started resorting to the use or to the development of tools to help enhance this new medium for growth.

What can Big Data bring into the business world? Well it’s being adopted for its easy management, growth analysis, product and customer tracking, and also in understanding the psychology of the business and how it will bring economic growth.

Companies have already used this trend, like Google and LinkedIn, who grew incredible selling data and amassing data. In 2010, this industry was a $100 billion worth business that is growing at a rate of 10 percent a year.

The amount of data in the world is increasing exponentially, doubling in every 18 months. How this effecting businesses and making it a wise medium for growth is the ultimate question. Ten ways Big Data is changing the face of business.