Have you heard of the phrase, Big Data? The New York Times declared 2012 the dawn of the “Age of Big Data. ”Today, Big Data, together with social and mobile, are the hottest trends in the technology and business communities.“Big Data” is no longer just a technical term, but rather indicates business opportunity.The Data Warehousing Institute (TDWI) Best Practices Report on Big Data Analytics reports that 74% of organizations have adopted some form of analytics today and 34% companies practice some form of advanced Big Data analytics. However, Big Data brings along challenges with benefits.The purpose of this article is to introduce Big Data for our business and education communities and, hopefully, to encourage a lot more discussions on this topic.
Schiller, S. Z.
(2013). "Big Data" for Business and Education. Technology First, 6-7.