How Is Big Data Analytics Impacting Personal Life?
Big data is the quantity of digital data produced from different sources of technology including sensors, digitizers, scanners, numerical modelling, mobile phones, Internet, videos, e-mails and social networks etc. The data types include texts, geometries, images, videos, sounds etc. What is Big Data? Big data are sets of data too large, diverse and complex to decode with usual data processing applications. Big is also an indirect reference to predictive analytics and other methods used to extract value from data. Businesses today are overwhelmed with varying data on their databases. To analyze and decode the data businesses need radical raw storage and processing power with enhanced analytics capability and skill. Essential Statistics on Big Data Usage, Growth and Penetration 1. The gross annual revenue from the global big data market is expected to double and triple in next seven years. This goes to show the radical statistical and analytical proof of big data’s sweeping growth,...