Amazing Facts About Big Data That You Should Know?

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The basic idea behind the phrase Big Data
Is that everything we do is increasingly leaving
a digital trace which we can analyze and use.

Big Data is one of those things, and is
completely transforming the way we do business
and is impacting most other parts of our lives.

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Source http//www.pixelcrayons.com/blog/web/lear
n-big-data-simple-way/
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Facts About Big Data

• Data is growing faster than even before by the
  year 2020
• About 1.7 MB of new information will be created.
• Within five years there will be over 50 bn smart
  connected devices in the world
• By 2020 we will have over 6.1 bn smartphones user
  globally.
• By 2020, at least a third of all data will pass
  through cloud.

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According to Deloitte, by the end of 2016 over
90 of the top Fortune 500 companies will have at
least some big data initiatives.

According to ABI Research big data spending will
hit 114 bn in the year 2018 and yet there are
many people and businesses who are still
perplexed as what to bif data is actually is.
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Source http//www.i-scoop.eu/big-data-action-val
ue-context/big-data-analytics-from-big-data-to-sma
rt-data-and-decisions/
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Is There Any Contribution of
The Internet of Things In Big Data

• Believe it or not, big data has slipped behind
  another technology buzzwords of the moment
  Internet of Things (IoT). When it comes to the
  IoT, Big data has a huge amount to benefit from.
• According to Ciscos conservative, the total
  number of connected devices will hit about 21
  billion by the year 2018

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Rich Data vs Big Data

• In laymans terms, rich data is what comes out
  when all the data from different systems is
  combined together and given a context so that it
  becomes a practical proposition for individuals
  and businesses.
• The truth that rich data requires big data to
  exist signifies that big data can never go away,
  yet for the greater level of insights and
  advantages, rich data needs to be an integral
  part of the picture.

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How Big Data Change Your Business?

• Data will become an asset to every business.
• Big data will enable companies to collect better
  market and customer intelligence.
• It will improve internal efficiency and
  operations.
• And data will allow companies to improve the
  customer experience and build big data into their
  product offering.

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How Big Data Affects Your
Life?
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