Introduction to BIG DATA: Examples, Types & Characteristics
Big Data! Yes, do you really know what exactly it is, and its influence to the world today?. In order to understand the term 'Big Data' , we first need to know what 'Data' is. Oxford dictionary defines 'data' as - "The quantities, characters, or symbols on which operations are performed by a computer, which may be stored and transmitted in the form of electrical signals and recorded on magnetic, optical, or mechanical recording media. " Now imagine what ‘Big Data’ is. Big Data is a term used for a collection of data sets that are large and complex, which are difficult to store and process using available database management tools or traditional data processing applications. Examples of Big Data: The following are some of the examples of 'Big Data'- The New York Stock Exchange g