by Angela Guess
A recent article poses the question, “What is the significance and potential value of Big Data?” to a panel of experts. Yvonne Genovese, a vice president at Gartner responded, “Big data is a popular term generally used to acknowledge the exponential growth, availability and use of information in the data-rich landscape of the emerging information economy era. It is a disruptive force and an immediate problem that is already affecting traditional understanding and business models. However, big data is just the start. In the future, the full range of extreme information management issues — of which volume is just one aspect — will pose even greater challenges, but it will also enable the emergence of even more significant business opportunities.”
Kathy Hunter of Kynetika responded, “In today’s world, big data reflects the exponential growth of information available globally. And that’s information that can be of tremendous use to organisations that are ready and able to effectively utilise it. However, managing today’s big data with its various formats and massive sizes, often streaming around the Internet, can be a demanding and expensive proposition.”
Read more from Genovese, Hunter, and several other experts here.
photo credit: stevendamron
