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Big Data and Analytics

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(US Navy Blue Angels, San Francisco Fleet Week - Jeff M. Wang)

 

  • [IBM]: What is Big Data? Big data is being generated by everything around us at all times. Every digital process and social media exchange produces it. Systems, sensors and mobile devices transmit it. Big data is arriving from multiple sources at an alarming velocity, volume and variety. To extract meaningful value from big data, you need optimal processing power, analytics capabilities and skills......
  • [IBM Big Data in a Minute]: From big data to fast data.The organization that can quickly extract insight from their data AND leverage the data achieves an advantage. Rick Clements, IBM's director of marketing for Big Data says, "we are moving from the notion of big data to fast data, where what really matters is speed...and real-time actionable insight."
  • [Mckinsey&Company]: Big data: The next frontier for innovation, competition, and productivity. The amount of data in our world has been exploding, and analyzing large data sets—so-called big data—will become a key basis of competition, underpinning new waves of productivity growth, innovation, and consumer surplus, according to research by MGI and McKinsey's Business Technology Office. Leaders in every sector will have to grapple with the implications of big data, not just a few data-oriented managers. The increasing volume and detail of information captured by enterprises, the rise of multimedia, social media, and the Internet of Things will fuel exponential growth in data for the foreseeable future.....

 

[More to come ...]



 

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