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Big data "size" is a constantly moving target; as of 2012 ranging from a few dozen terabytes to many zettabytes of data. [26] Big data requires a set of techniques and technologies with new forms of integration to reveal insights from data-sets that are diverse, complex, and of a massive scale. [27]
Industrial big data refers to a large amount of diversified time series generated at a high speed by industrial equipment, [1] known as the Internet of things. [2] The term emerged in 2012 along with the concept of "Industry 4.0”, and refers to big data”, popular in information technology marketing, in that data created by industrial equipment might hold more potential business value. [3]
The rise of data ecosystems is part and parcel with the development of big data. Big data is an emerging trend in science and technology that tracks and defines almost all human engagement. [ 10 ] It is defined by the following five properties:
There is still no consensus on the definition of data science, and it is considered by some to be a buzzword. [34] Big data is a related marketing term. [35] Data scientists are responsible for breaking down big data into usable information and creating software and algorithms that help companies and organizations determine optimal operations. [36]
When "data" is used more generally as a synonym for "information", it is treated as a mass noun in singular form. This usage is common in everyday language and in technical and scientific fields such as software development and computer science. One example of this usage is the term "big data". When used more specifically to refer to the ...
Big data is defined as the algorithm-based analysis of large-scale, distinct digital data for purposes of prediction, measurement, and governance. [6] [7]This involves processing vast amounts of information from various sources, like social media, sensors, or online transactions, using advanced computer programs (algorithms).
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However, data has staged a comeback with the popularisation of the term big data, which refers to the collection and analyses of massive sets of data. While big data is a recent phenomenon, the requirement for data to aid decision-making traces back to the early 1970s with the emergence of decision support systems (DSS).