Every so often there are key words and phrases that get big play around the media, and before you know it, they are in use almost everywhere. These terms include irrational exuberance, outside the box, deliverables, skill set, metric, multitasking, bandwidth, selfie, spyware and more than a few others.
I’m sure during the last few years, you’ve heard those words and phrases time and time again… so much so that the meaning behind those words became dulled, if not lost.
There’s another term that has been gaining in popularity during the last year or so, and believe you me, it is one that will impact your very life — big data.
I know you’ve heard those two words — Big Data — before, and it’s been used by companies like Cisco Systems CSCO -1.14%, Facebook, Google GOOG +1.98%, Oracle ORCL +1.67%, IBM IBM -0.59% and others. In this age where more and more things are connected, monitored and captured, what is big data? How is it used? What does it mean for business and for the consumer? How will it change things?