Data aggregation is growing by 40% per year - what does it mean for you?
Posted in the Science / Technology Forum
Since: Feb 13
#1 Feb 13, 2013
In an upcoming article for the University of Maryland, University College’s Achiever Magazine, Mark Gerencser says a business today has a “new potential to enhance value across its entire product and service lines based on advanced analytics of these large, diverse, and constantly changing data sets.”
The “Big Data Revolution,” as Gerencser calls it, is not only historically significant, but is only getting started.
“At present,” he writes,“we generate more data every two days than we did in aggregate from the dawn of early civilization through the beginning of the 21st Century. Moreover, this information explosion continues to accelerate each year by 40%.”
For more, read his full essay: http://blog.executivebiz.com/2013/02/mark-ger...
How has your business leveraged big data to support growth? Have you run into any pitfalls along the way?
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