5 Reasons Big Data is Big Deal


Bangalore: The world is growing fast and so is technology. But is it really technology that plays a major role in this growth? Well researches have revealed that technology has an impact on the growth but only with the help of a silent partner, and that’s Big Data.  Big data are nothing but large amount of data that continuously keeps on growing. Later when these data’s start to turn itself into complex ones, the analysts applies large algorithms, statistics and finds solutions to existing problems. Big data has the power to revolutionize the world and better the technology itself.

Below given are 5 reasons that made big data the real “BIG DATA”.

1. Big data is big in business:

Big data are not just any data that accumulates time to time. These data’s are collected from all the sources that you see in your day to day life. From details of shipping crates to simple data’s that are stored in your mobiles, big data’s are all around your daily life. Sensing these data’s and by using sophisticated tools to combine them, big data’s are used as competitive advantage for every industry and to improve their intelligence.

"It's a revolution," says Gary King, director of Harvard's Institute for Quantitative Social Science. "We're really just getting under way. But the march of quantification, made possible by enormous new sources of data, will sweep through academia, business and government. There is no area that is going to be untouched."