Big Data: What’s the Big Deal? – A Guide

The largest tech companies are running to provide two new related services to big business, and the rush is on. These are cloud computing services, and big data analytic services.

The internet, mobile computing, the internet of things – all these provide new sources of data that did not exist ten years ago, and the quantity of data is enormous. Questions arise: how do you access that data, how do you organize it, and how do you turn it to your advantage?

These represent huge changes in the landscape of enterprise computation, and billions of dollars are at stake. Wikibon estimates total Big data spending in 2018 to reach almost $50 billion, while A. T. Kearney and ABI both predict $114 billion. Granted their definitions most likely are not the same, but in any case these are huge numbers.

Main Players include:

What is it all about?

There has been a lot of talk about these services, but many people are still hazy on what it all means. Therefore, I am providing a kind of primer for those not completely sure of what this movement is about.

I – Cloud services

The basic concept of cloud services is well known. Continue reading

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