More and more data is being created every day. We are storing more information for each person, and we are even starting to store more information from devices, too. Internet of Things is not something imaginary and really soon even your coffee machine will be tracking your coffee drinking habits and storing them on the cloud.

The term Big Data first appeared in the 60’s, but it is taking on a new importance nowadays. What is Big Data? Do you know that a jet engine can generate more than 10 terabytes of data for only 30 mins of flying? And how many flights there are per day? That is petabytes of information daily. The New York Stock Exchange generates about one terabyte of new trade data per day. Photo and video uploads, messages and comments on Facebook create more than 500 terabytes of new data every day. That’s a lot of data, right? That’s what we call Big Data.

Source: business2community.com
Author: Gabriela Gavrailova