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.
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