Knowledge is power, but sometimes ignorance is bliss. As we become more and more interconnected through mobile devices, computers and the internet, the amount of data breaches gathered in the world keeps increasing.
Introduced in 1997, the concept of “Big Data” has been around for decades. However, the majority of people are still confused about its meaning. Chances are you will get a different definition every time you ask someone new. For the purpose of this article, we will define Big Data as a term used to describe voluminous amounts of data–whether the data is structured, semi-structured or unstructured–that render traditional data processing application inadequate.
But Big Data is not just about large amounts of data; it’s about what businesses can do with it.