Big Data

The next frontier for innovation, competition, and productivity

          Big data requires exceptional technologies to efficiently process large quantities of data within tolerable elapsed times.This has emerged because we are living in a society which makes increasing use of data intensive technologies.

           The amount of data in our world has been exploding, and analyzing large data sets so-called big data will become a key basis of competition, underpinning new waves of productivity growth, innovation, and consumer surplus, according to research.The use of big data will underpin new waves of productivity growth and consumer surplus.

 

Consumerization of IT

    

               It's an increasingly accepted term used to describe the growing tendency for new information technology to emerge first in the consumer market and then spread into business and government organizations.It is the way a surfer gets up in the morning, finds a gnarly wave, and rides it home. It's today's big story. It's also tomorrow's, and we can pretty much set our alarm clocks by its arrival. 
               But as we work ourselves into a daily ritual, we often find ourselves having lost track of the undercurrent. It's not that we're paying no attention to it - in fact, we're seeing it every day: the commercialization of social affairs. We even complain about it, though we often fail to acknowledge it for what it is: an equal and opposite reaction.