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Five Brownie Points On How Big Data Is Striking Our Lives Daily

  Leroy Hood  once said, “If you just focus on the smallest details, you never get the big picture r ight .” Big Data Analytics is a new technological process that rose to popularity in the early 2000s when analyst  Doug Laney  defined the 3 Vs in business analysis. He said that the strength of the data is linearly proportional to the Volume, Velocity and Variety of data collected. Soon enough, the heads of the corporate world recognized the potential of analyzing their data. However, the magnitude of data being stored and analyzed today is almost inconceivable. Anyone with knowledge can make almost any sort of prediction from all the data collected. For example, Forbes predicts that more data has been stored and structured just in the past two years than in the entire history of the previous human race. Big Data is the new money of the advanced age. As technology stays to impact our careers massively, our data dependence is also growing. It has now begun changing ev...