Report 1
Report 1
The topics I am going to discuss are the definition of data, the historical development of big data, the
growth of big data, the reasons for the growth of big data, the value of big data, and finally the
characteristics of big data.
Example:
Burgess (2021) suggests that a tech company like Google collects huge and different amounts of data
from users, which includes Gmail messages, photos, videos, browsing history, and more. Google has
4.3 billion users around the world which makes the storage and the management of data a big
challenge without the use of big data.
Big data started to be used for the first time in the mid-20th century, when the electronic devices
started to advance, making it easier for more data to be utilized.
Example:
Data Volume: it wasn’t until the 20th century that the usage of big data started, in the past
organisations primarily used to store data using structured data and databases. However, nowadays
with the continued use of digital technology, the production of data experienced a huge increase,
unimaginable amounts of data are being produced every day from various sources like social media,
sensors, and more (Big Data Framework, 2023).
According to Phillips (2021), Tim Berners-Lee and Robert Caillou created the World Wide Web and
created HTML, URLs and HTTP, which was the reason behind why more people started using the
Internet.
Name: Osman Adam
In 1996 the storage of digital devices became cheaper than printed papers for the first time, which
made more people want to store their data digitally.
In 1997 the domain google.com was created, since the success of the search engine other electronic
inventions began to merge, including machine learning, big data, and analytics.
In 2001 Doug Laney created the concept of the 3Vs (Volume, Velocity, and Variety), which described
the characteristics of big data.
Then in 2005 Doug Cutting and Mike Caferella invented Apache Hadoop, which is a framework that
was created to process and store large data sets.
In 2006 Amazon.com started offering free cloud-based computer services, now called “Cloud
Computing”.
In 2013, the world market for big data has reached $100 billion.
Research carried by Allied Market Research showed that the market of big data surpassed $193
billion in 2019. It also estimated that by 2027 it going to reach 420.98 billion, growing annually by
10.9%.
Growth of Data:
Nowadays data is generated at an unpredictable rate from various sources such as social media IoT
and sensors. To put this into perspective consider the following statistics:
According to Shewale (2023), Twitter users tweet 350,000 tweets are tweeted every minute,
resulting in five hundred million tweets generated globally every day. Meanwhile, Facebook says the
daily uploads of photos is three hundred million photos. On YouTube, five hundred hours of video
content is watched every single minute.
Velocity: the velocity measures how fast the data is being generated, and how fast it flows.
Variety: the variety is data types, and how it differs from one to another. E.g., audio, video, and
images.
The growth of big data has been driven by several factors including:
IoT Devices: The use of the Internet of Things has become so popular, according to research worked
by the International Data Corporation, it is predicted that by 2025 IoT devices will increase to 41.6
billion devices, which are able to generate over 79 zettabytes of data.
Social media:
Social media platforms have become a very important part of everyone’s lives nowadays, and the
data we generate when we use social media is huge.
According to Marr (2021), here is some social media data that we create every minute:
E-commerce: millions of users use e-commerce websites every day, and these websites collect huge
amounts of data from their users, such as user’s profiles, reviews and ratings.
Digital transformation: as more companies and organizations started to use digital technology to
improve their business and more processes are becoming digitalized, more data is generated,
collected and stored.
Sensors: sensors are devices used to collect and process signals and they turn them into data. After
the data has been processed it will then be stored in local storage, cloud storage or any other storage
platform they use.
Scientific Research: scientific research generates big data in a lot of ways and that is based on what
kind of research is it. In research like genomics, massive amounts of data are generated from DNA
molecules.
Example:
Business Insights:
Big data is used in companies in different ways, such as improving their customer service, the
personalization of their marketing, and advertising, this will increase customers and profit.
Predictive Analytics:
Name: Osman Adam
Predictive analytics uses big data to help businesses predict events and gives solutions for
businesses, it analyses past, present and future’s sources to help businesses oversee upcoming
problems (Google Cloud, n.d.).
Personalisation:
Personalisation is one of the most important benefits of big data, it creates a different profile for
each user individually, enabling them to only view what they are interested in, because of the data
collected from their browsing or purchasing history.
Medical Advances:
Big data is used in medical advances to predict diseases that may happen, giving better diagnoses,
and to improves the hospital's performance.
The collection of millions of patients’ data improves medical health, but that is not its only benefit, it
can also save patient’s lives. When AI is trained using the collected data, it can help to identify
possible diseases before they occur.
Climate Change:
The use of big data in climate change helps with the warning generation, because of the data
collected like the rainfall and the soil conditions, it can send warnings before any climate disaster
happens.
Example:
Enable Targeted Advertising: when companies collect more and more data about their customers, it
becomes easier for them to determine what the user is interested in, that will make it easier for the
company to target the users with specific adverts that will most likely be clicked by them (AdRoll,
2023).
Volume:
The volume of big data is about the amount of data the company have collected. Whether
data is considered big data or not depends on the amount of its volume.
Velocity:
Name: Osman Adam
Next, we have Velocity, which is about the speed at which data is generated and how quickly it flows.
This is an important factor for companies because they need data to be consistently available when
making business decisions.
Variety:
The next V is variety. Variety pertains to the diversity of data types. An organization can collect data
from different data sources, which might be different in value. Data can also be generated from
inside or outside the enterprise. The biggest challenge associated with diverse data types lies in the
need to standardize and share all the collected data effectively.
Veracity:
it refers to the quality of the data and how accurate is it. Some of the collected data could be
missing, inaccurate, or could lack meaning, or valuable insights, overall, Veracity refers to how
trusted is the collected data.
Value:
This refers to the importance of big data, and what it can provide, it is directly connected to what the
organization is going to use the collected data for. Getting benefits out of big data is a requirement,
as the value of big data is always in increase depending on the benefits gained.
Visualisation:
According to Tiburca (2021), Data visualisation is when big data is represented in a visual way
whether through histograms, bar charts scatter plots or any other way that data is represented in a
visual way that makes it easier to understand.
Example:
Consider a healthcare industry such as the NHS, managing the data about a patient digitally, requires
them to store a huge amount of data about the patient (volume). Updating the patient’s records
continuously as the patient is receiving care (Velocity). Working with different data types, including
text medical records, and medical images taken from the patient (Variety). Making sure that the
patient’s data is accurate and stored securely (Veracity). Upgrading the patient’s care through
predictive analytics (Value). Presenting the patient's health progress using reports, charts, and
graphs e.g., blood pressure and heart rate (Visualisation) (NHS Digital, 2023).
Referencing:
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%20sent%20to%20Google%20for%20advertising%20or%20marketing%3A%20Location
Name: Osman Adam
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Name: Osman Adam
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