A clear and famous definition of data is the collection of information. But when it comes to gathering a lot of information from around the world, we have to use the term Big data. In the last 4 or 5 years, the field of information and data collection has expanded enormously 4.5 billion People around the world use the internet these days. A large amount of data, including pictures, videos, emails, etc., comes freely from different countries. It is practically impossible for a system to properly manage this data. So we have to compile it in the form of big data. It’s a relatively new technology.
It is called a field or platform that is used for data collection, data analysis, data maintenance and extraction of useful information. Jon Mashey first introduced the concept of big data in the 1990s. Data is collected in various sizes from megabytes to petabytes and zeta bytes. Big data, however, is not just the amount of data stored, but also the use of a certain amount of information.
It contains both structured and unstructured data. A lot of data is generated and consumed worldwide every day, which is due to the massive Internet surplus 2.5 billion People use Facebook monthly and 1.73 billion People log in every day. WhatsApp also has 300 million active users A million people worldwide are registered on WhatsApp every day. Same thing happens to Instagram and Snapchat. Now, all of this stuff makes up a huge amount of data stored on different data servers and different devices located in different regions of the world.
Now, every activity you do on the internet and every search you perform contains certain keywords. These keywords are accessed and processed by Google and other search engine algorithms. The next time you or someone else searches something, these items will be better presented to you and some related ads will appear there.
It combines data from different sources (data integration), data mining, data analysis, data storage and data transmission. The most important characteristic of big data is the way certain information is obtained and then used by a person or a company. Our internet activity is monitored by data scientists who observe and analyze our data in order to make it useful for a specific product or company.
For example, if you are a student and you are looking for a specific laptop on Amazon, this information will be saved after searching the internet and will be used the next time you look for something else. Since Amazon has now accessed your data and from now on you will be treated as a potential customer and every time you search for something on the internet it will use that information and serve an ad or ad based on your previous data.
How it works and is used by data engineers and data scientists from various organizations for their products. Additionally, some important functions of big data are known as V’s of big data is important to its proper use and functioning. In fact, this huge amount of data is broken down into different categories and dimensions for the sake of simplicity. These are
The exponential growth in worldwide data is happening every year and increasing day by day. From the hard drive of a few megabytes to today’s software systems with zeta bytes and yotabytes, the amount of data used worldwide is unimaginable. It is said that roundabout 2.2 to 2.4 trillion gigabytes of data are created and used every day.
A key feature of this technology is speed, which is the amount of data that people consume and store every second. For example there is almost Over 90,000 tweets per minute, 700,000 Google searches every 60 seconds and more than 168 million emails per minute in the world.
Truthfulness is the accuracy of the data, including its source, type, and reliability. This field still needs to be improved. As we all know, much of the information available on the Internet is not reliable. According to a research study, almost 27% of people are not sure about the data available on the internet.
The type of source from which certain information originates shows the accuracy of the data. This service is divided into structured and unstructured data. Sometimes it also contains semi-structured data. It contains data from charts, spreadsheets, emails, messages, photos, videos and PDF files, etc. 500 videos are uploaded to YouTube every minute worldwide. about 6000 tweets are carried out every second worldwide.
The relevant data represents the value of this technology as the needs of a particular person in a particular region are analyzed and processed by data scientists so that the right information is used for different purposes.
Some of the uses of big data in different areas are
Helpful in the health sector.
It is extremely useful in healthcare as it contains data from all hospitals that contain information about specific diseases or a patient population. This technology also contains data for genome sequencing and gene-related projects. It is helpful for medical supplies, medical equipment, electromagnetic equipment like MRI, etc.
It is advisable to use this technology in finance related sectors as it will give you information about low cost projects, better processes and greater customer confidence. It also helps you with fraud detection and risk analysis. In the banking system, this is beneficial for cybersecurity. It is also helpful with bond investments and provides data for better business strategy and operations.
It plays an important role in e-commerce as all online businesses rely on big data and use its information for better planning and research. Organizations and companies use specific information to develop better strategies for their product sales. These organizations analyze your data and understand your trend for a particular product. This is how certain advertisements appear during a research.
Transport companies use this technology to improve their services as this information reflects the trends and approach of passengers in order to provide more and more comfort on their journey. Seat reservation, ticket purchase, traffic management, passenger convenience, etc. such as information is contained in big data and is extremely helpful.
A promising benefit of this technology is its use in the education sector to ensure the bright future of students. The curriculum of the education system needs to be adjusted from time to time according to the current situation. Big data is beneficial in improving curriculum, curriculum, knowledge, student needs, teaching methodology, and administration.
- Analysis of customer sentiment and behavior
- Forward-looking and proactive approach
- Customer segmentation
- Customer trust
- Improvement of personal skills
- Increases sales and production.
It is now apparent from the latest trends that all social, financial, political, and business activity is completely dependent on the amount and nature of the data. This technology gives you a new perspective on information that you can use to improve your job and attract and satisfy customers.