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How Big Data Will Change Your Life

By   /  January 30, 2013  /  No Comments

8418128469_5faa87cafd_nby Angela Guess

Kristin Bent of CRN reports, “Big data became the industry’s hottest buzzword in 2012, but the impact of that technology on our day-to-day lives will be realized for years to come. From healthcare, to sports, to the way we elect a president, big data will make big changes to the way we live our lives. Our ability to manage and analyze the massive amounts of data spawned by new data sources like social media is sparking an ‘extraordinary knowledge revolution,’ according to Rick Smolan, co-author of ‘The Human Face of Big Data.’ Here are eight changes you can expect to see as that big data revolution continues.”

One thing that will change is sports analysis: “With the advent of big data, our ability to analyze sports and keep tabs on our favorite players is going to soar. Take, for example, sports actuary John Dewan’s dead-on projections for the 2012 Summer Olympics. With some help from the Wall Street Journal, Dewan created a computer model that simulated the entire Olympic games ‘hundreds’ of times, and predicted the U.S. would win 108 medals. In the end, the U.S. took an eerily-close 104. Ben Alamar, a statistics and economics professor at Menlo College in Atherton, Calif., has spent five years doing statistical analysis on teams including the NBA’s Oklahoma City Thunder.”

Read more here.

photo credit: kurafire

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