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Big Data – What is it?

Big data, as the name suggests, represents data that is big. It is the term that is used to define data that is known to have exceeded the processing capacity of the traditionally used database systems. The fundamental characteristics of this data include its big size, fast moving speed and structure that cannot be fit in database architectures. The only way you can use this data is by using an alternative and more efficient processing mechanism. However, recent past has presented some viable approaches for processing of big data. As a result, big data has become a buzzword. These approaches tame the variability, velocity and volume of this data. It has become possible to unleash the power of big data and making the same available to the less well-resourced establishments with the use of open source software and cloud architectures. This data can be used by organizations in two ways. Companies can use this data for analytics and use it to get better insights to their business. Secondly, it gives these companies a valued trait of agility. The term ‘big data’ is just as nebulous as the term ‘cloud’. It includes a diverse set, which entails data from satellite imagery, web page content, server logs and data from social networks, in addition to data from several other sources. In the recent times, Big Data has been put to different uses. Superstar Lady Gaga has created her very own social network called ‘Littlemonster.com’ from the data of millions of fans who follow her on Facebook and Twitter. Many big healthcare organisations today are adopting advances data analytics which are helping...