96 | DECEMBER 2017 | OPEN SOURCE FOR YOU | http://www.OpenSourceForU.comFor U & Me InsightB
ig Data has undoubtedly gained much attention within
academia and the IT industry. In the current digital
and computing world, information is generated and
collected at an alarming rate that is rapidly exceeding storage
capabilities. About 4 billion people across the globe are
connected to the Internet, and over 5 billion individuals own
mobile phones, out of which more than 3.39 billion users use
the mobile Internet. Several social networking platforms like
WhatsApp, Facebook, Instagram, Twitter, etc, have a big hand
in the indiscriminate increase in the production of data. Apart
from the social media giants, there is a large amount of data
being generated by different devices such as sensors, actuators,
etc, which are used as part of the IoT and in robots as well.
By 2020, it is expected that more than 50 billion devices
will be connected to the Internet. At this juncture, predicted
data production will be almost 44 times greater than that inIn today’s world, there is a proliferation of data. So much so that the one who
controls data today, holds the key to wealth creation. Let’s take a long look at what
Big Data means and what it can do for us.- As a result of the tech advances, all these millions
of people are actually generating tremendous amounts of
data through the increased use of smart devices. Remote
sensors, in particular, continuously produce an even greater
volume of heterogeneous data that can be either structured or
unstructured. All such data is referred to as Big Data.
We all know that this high volume of data is shared
and transferred at great speed on different optical fibres.
However, the fast growth rate of such huge data volumes
generates challenges in the following areas:
In searching, sharing and transferring data
Analysis and capturing of data
Data curation
Storing, updating and querying data
Information privacy
Big Data is broadly identified by three aspects:
What Can
Do For You?
BIG DATA