“Big Data” represents very large datasets that need to be analyzed and use various computations, algorithms, artificial intelligence (AI), and machine learning (ML), to unmask trends, patterns, and associations that provide valuable insights, new data connections, and precise predictions that can help achieve better outcomes.
Data is no longer just generated from applications, but now it comes from mobile, IoT and IIoT devices, connected/autonomous vehicles, machine sensors, healthcare monitors and wearables, video surveillance, etc. It’s no longer about just storing data, but capturing, preserving, accessing, and transforming it to take advantage of the possibilities it possesses and the value it delivers.