“Big Data can do more than target advertisements, it could even help innovators develop new concepts and products. Over 2.5 million terabytes of data are now created every day. The pace of new data creation has reached such a clip, according to IBM, that over 90 percent of the data currently available in the world was …”
Source: Can Big Data Give Us Big Ideas? – Ivy Exec Blog
Thanks to Ivy Exec
“Big data is going to college.
This semester, a handful of university programs specializing in data mining are starting up. This week, the University of Virginia launched a new research center called the Big Data Institute. Columbia University will also begin offering a new master’s in big data, in a program technically called “Quantitative Studies.” ”
via Universities Go in Big for Big Data – Wall Street Journal – WSJ.com.
Its about time, as they say. Sooner or later the larger institutions would decide that Big Data is real, important, and worthy of study.
The next big issue will be defining it. No small challenge.
Thanks to The Wall Street Journal