One of the most evolving technologies in the digital age is Big Data technologies. It’s not a popular term, but Big Data is simply a term that is used to describe a collection of data that is huge in size and is exponentially increasing in time. It means that this data is so large that none of the traditional management tools are able to analyze, store or process it.
Big Data is not just simply a term. It is associated with other technologies such as machine learning, artificial intelligence, blockchain, Internet of Things, augmented reality and a whole lot more. Because of this, many industries have been investing in Big Data analytics like banking, discrete and process manufacturing to name a few.