Nepedia
Back to Discover
Advanced Reader
💻

Big data

technology Maturity 9-11 Next article →

Big data refers to datasets that are too large or too complex for traditional software to manage. Standard data-processing tools often struggle to capture, organize, or analyze this information within a reasonable timeframe. Because of this, big data requires specialized technologies and new forms of integration. These advanced methods help reveal insights from datasets that are massive in scale and highly diverse.

Big Data
Big Data

While the exact size of big data is a moving target, it often ranges from dozens of terabytes to many zettabytes. Understanding big data is essential because it allows us to find new correlations in the world. These connections can help businesses spot trends, prevent diseases, or even combat crime.

To understand how big data works, we look at its core characteristics. The first is volume, which is the sheer quantity of data generated and stored. The second is variety, referring to the different types of data, such as text, images, audio, and video. Third is velocity, which describes the high speed at which data is created and processed. This often happens in real time.

Big Data
Big Data

A fourth characteristic is veracity, which measures the reliability or truthfulness of the data. High veracity is necessary to ensure that analysis is accurate. Finally, there is value, which represents the worth or profitability of the information retrieved from the analysis.

Big data is often categorized by the structure of its information. It can include structured data, which is highly organized, as well as semi-structured and unstructured data. Unstructured data, such as social media posts or sensor logs, is a major focus of big data study. Analysts often use data fusion to complete missing pieces between these different types. Some researchers also discuss variability, which refers to how the formats or sources of data change. To handle these complexities, scientists use parallel computing. This involves using massively parallel software that runs across tens, hundreds, or even thousands of servers simultaneously.

There is a technical distinction between big data and business intelligence. Business intelligence typically uses applied mathematics and descriptive statistics to measure things and detect trends. It works with data that has high information density. In contrast, big data uses mathematical analysis, optimization, and inductive statistics to infer laws. This includes finding regressions, nonlinear relationships, and causal effects. Big data often works with datasets that have low information density. By using these advanced methods, analysts can perform predictions about future outcomes and behaviors.

Revised NIST Big Data Taxonomy
Revised NIST Big Data Taxonomy

The history of big data shows how quickly technology has evolved. The term has been used since the 1990s, and some credit John Mashey with making it popular. In 1984, Teradata Corporation marketed a parallel processing system. By 1992, they were the first to store and analyze 1 terabyte of data. In 2000, Seisint Inc. developed the HPCC Systems platform. This platform used a language called ECL to distribute data across multiple servers. In 2007, Teradata installed its first petabyte-class relational database management system. These milestones show how our ability to manage data has expanded alongside our hardware.

Big Data
Big Data

The scale of data growth is truly massive. Every day, approximately 2.5 exabytes of data are generated. The world's technological capacity to store information has roughly doubled every 40 months since the 1980s. According to IDC, global data volume was predicted to grow from 4.4 zettabytes to 44 zettabytes between 2013 and 2020. By 2025, this number is predicted to reach 163 zettabytes. This growth is driven by many devices, including mobile phones, cameras, and wireless sensor networks. Even aerial remote sensing equipment and Internet of Things devices contribute to this constant stream of information.

Revised NIST Big Data Taxonomy
Revised NIST Big Data Taxonomy

Using big data effectively can create enormous economic value. In 2011, McKinsey & Company reported that US healthcare could create over $300 billion in value annually through big data. In Europe, government administrators could save more than €100 billion in operational efficiency. Furthermore, users of personal-location data could capture $600 billion in consumer surplus. The market for these solutions is also growing rapidly. Global spending on big data and business analytics solutions was estimated to reach $215.7 billion in 2021. This massive investment helps scientists in fields like genomics, meteorology, and complex physics simulations.

694 words

Where will your curiosity go next?

Keep exploring at your chosen reading level.

🖼️ Images & Media (3)
File:Revised_NIST_Big_Data_Taxonomy.jpg
Revised_NIST_Big_Data_Taxonomy.jpg
File:Big Data.png
Big Data.png
File:Exponential_growth_of_datapoints_used_to_train_notable_AI_systems.png
Exponential_growth_of_datapoints_used_to_t...
More to explore

What is Nepedia?

A free, ad-free encyclopedia for children. Every article is written at five reading levels, so the same page works for a five-year-old and a fifteen-year-old — use the level switcher above to see this one change. No account needed to read.