Big Data: Transformed the way Business are done
“Big Data” is the data which can provide us with a lot of information which is hidden &
not known to us but in order to analyse that data we require complex techniques &
Algorithms. Data volume is expected to increase by 44x from 2009 to 2020. Data volume
is increasing exponentially.
Data is present in various formats. It can be text, numerical, images, audio, video,
sequence, social medial data etc. A single application is capable of generating/collecting
many types of data. Major sources of data generation are social media, Mobile devices,
healthcare instruments etc.With the help of the these sources, more data is being collected
& stored about us than ever. Whatever we do in our day to day life will leave digital trace.
Our conversation records can be tracked through our email accounts, Chat applications &
our social media updates. More & more our activities are digitally recorded such as our
browser logs can provide the data about our searching patterns, what we like, how we
make the payments, etc. We are also generating lot of data through use of Smartphones &
sensors, with the help of these devices we are creating data about our location, also with
the help of sensors lot of things can be tracked such as the movement of goods,
temperature etc. Also, Video data can be collected through CCTV footage From above, we
can see that we are generating lot of data. Data volume is increasing at very faster rate. As