You’ve probably heard the phrase ‘Big Data’ – (it has a science-fiction feel to it!) – but what exactly does it mean, and how is it relevant to everyday living? To start with, Big Data is the composite of every single bit of digital data out there – online and offline, official and social, industrial and market-generated. It surrounds us, and every aspect of our life.
This infographic highlights how Big Data is being generated and utilized in 6 industries – Retail, Banking, Manufacturing, Education, Government and Healthcare – and how data insights are helping these sectors enhance productivity.
Infographic Source: Big Data – 6 Industry Examples by InterQuest Group