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Big Data Solving Big Problems

Whether you’re involved in the business or tech industries, you’ve probably heard a lot of discussions regarding ‘big data.’ But, what exactly is big data and how is it being used to solve big problems?

Big Data Defined If you search for the definition of big you’ll come across a varied list of explanations. In fact, the definitions are so varied that a pair of computer scientists, Jonathan Stuart Ward and Adam Barker at the University of St Andrews in Scotland, attempted to come up with a single definition for big data by examining the following definitions: Gartner: a “high-volume, high-velocity and high-variety information assets that demand cost-effective, innovative forms of information processing for enhanced insight and decision-making.”

Source: forbes.com
Author: Steve Olenski

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