10 ways big data changes everything May 9, 2012Posted by Edwin Ritter in Cloud Computing, E-Commerce, SEO, Trends.
Tags: analytics, big data, data mining, internet, metrics, SEO, Social Media, Trends, web metrics
As 2012 reaches the half way mark, here is a post on one of this years’ hot topics. This is the first of three.
What is big data? How big is big? Think Yottabytes. So much data is now collected that 90% of the online data was created in just the last two years. Simply stated, everything you do on the web is tracked and creates data. It is then stored, sliced, diced and analyzed. The growth in data is due to proliferation of smart phones and tablets, lower storage costs and improved analytical tools. This article reveals 10 ways in which big data will have an impact.
Originally posted on Gigaom:
A yottabyte isn’t what happens when the Jedi master starts gnawing on your leg. It’s the information equivalent of one quadrillion gigabytes, and is enough digital data to fill the states of Delaware and Rhode Island with a million data centers, according to Backblaze. While the world hasn’t yet seen many yottabytes, industries like Internet search, genomics, climate research, and business analytics are starting to create massive data sets — in the peta- and exabyte range — that are requiring an entirely new set of big data tools to manage.
The emergence of this so-called big data phenomenon is also fundamentally changing everything from the way companies operate, to the way people interact, to how the world deals with outbreaks of infectious diseases. On March 21st and 22nd, GigaOM is throwing an event about the future of this big data ecosystem in New York, Structure:Data, and for the occasion, we’ve highlighted 10 case studies illustrating how big data is changing the world. Enjoy: