What is “BigData” ?
- BigData term describes the data in very large /huge quantity in either structure or unstructured manner.
- BigData is analysed for gaining better business decisions & strategic moves.
- In early 2000, this concept gained influence & momentum which changed entire aspects in buiseness data study.
Let’s understand this through some easy real-life example:
Almost 90% public in the world knows what is FACEBOOK. Let’s think that where all informations i.e. Status, Photos, Videos get stored? They technically call it a Cloud storage.
We imagined that the cloud storage is basically a satellite storage!
But it is NOT a satellite storage.
It’s a storage in many servers domained & operated by Facebook.
Yes you though right ! The data multiplied by people using facebook is very large. (Let’s forget about feeds & login data)
It is in large terms next to infinity. They are stored by the BIG DATA bases.
Let’s know some fields where big data is largely used !
- Banking & Security Services
- Communication, Media & Entertainment
- Healthcare
- Retail & Wholesale Market
- Transport industry
And many more...
Analytical Results :
The Field for DATA SCIENTIST is largely vacant in today’s IT field companies.
Average salary for data scientist particularly in Big Data concept is 6,20,244₹ for just FRESHERS.
BigData & BLOCKCHAIN :
- Talking about BITCOIN in terms of blockchain, Big Data here can be understood for playing a lead role!
- Also big data possess potential to change whole blockchain technology in some new & more secure trend.
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