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    Big Data: The New Natural Resource

    By
    Darryl K. Taft
    -
    April 15, 2012
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      eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

      PrevNext

      1Big Data: The New Natural Resource

      1

      Big data is the digital convergence of structured data found inside databases and unstructured data flowing from new sources like social networks, mobile device sensors, radio-frequency identification (RFID), smart meters and financial systems.

      2Big Data Is a Growing Sector

      2

      The digital universe will grow to 2.7 zettabytes in 2012, up 48 percent from 2011, moving toward 8ZB by 2015.

      3Capitalize on Big Data

      3

      More than half of business leaders are not capitalizing on big data.

      4Analytics Matter

      4

      Users of analytics are 2.2 times more likely to outperform their peers.

      5Make It Work

      5

      Organizations have to put big data to work for their benefit.

      6Big Data and Health Care

      6

      Medical images and electronic medical records are just two types of data for which there is a growing need for analysis.

      7Big Data and Customer Service

      7

      Big data analytics can help organizations deliver better customer service by delivering real-time information.

      8Big Data and Insurance

      8

      Analytics can help insurers better detect fraud.

      9Big Data and Financial Services

      9

      The financial services industry produces an enormous amount of data daily that must be sifted through and analyzed.

      10Big Data and Retail

      10

      Analytics can help retailers better understand customer wants and needs, thus leading to more sales.

      11Big Data and Communications

      11

      The communications industry is responsible for gobs of data, much of which can be used to deliver more personal experiences.

      PrevNext

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