Big Data

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Big Data fp bwBig data refers to the efforts involved in collecting data beyond just the normal business data to gain insights that can provide a competitive edge.

Big data work has become possible because the number of sources of information is growing exponentially, internet connectivity and speed enable the easy transfer of large quantities of captured data, and computer systems to store and analyze all this information have become exponentially cheaper and faster.

In other words, it has become viable to collect all sorts of information, try to make sense of it, and gain new insights. Examples of big data work include tracking user behaviors to increase sales, collecting operational data points for the maintenance of equipment such as cars and airplanes, analyzing financial transactions to detect fraud, and so on.

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A good overview of Big Data activities

A 5-minute clip with more technical details