It is a bit hard to define Big Data when the revolutionary potential
lies in its own definition. No technology has had such an impact since
the 15th century, with the invention of printing by Gutenberg.
The incredible amount of digital data being produced by the Internet
is about to cause a revolution in all areas of human knowledge.
The true potential of Big Data is often indicated by four “V”s.
Volume, variety and veracity are the most well-known aspects of Big
Data, but there is still another important one: the fact that Internet
is the only artificial network behaving like a natural one, thus having
properties of a live system.
Theorists from this subject chose the word velocity to tag
that dimension (probably just because it also starts with a V). That
seems like an adequate choice, as velocity is often linked to speed, but
that is not exactly the meaning here.
The ideal technical word would probably be stream, or dynamic.
Network Science suggests that the dynamic of Internet data (or, in
other words, Big Data) allows the understanding of how natural networks
work. Now you are probably asking why we use Internet data instead of
the data from those systems we want to understand.
For one thing, given that it is digital data, Big Data can be
analysed precisely for the relations that its parts (data) establish
between them (through links and logs). This means that Big Data can be
analysed in a systematic and dynamic way.
All this theory has strong applications in the real world. In sales,
for example, Big Data is helping businesses get a clearer picture on
their clients, therefore being able to be more effective on what they
do.
Still, data overwhelming can also be bad in this case, and this is
why salespeople need to have the right training in order to become
effective data scientists. LeadGenius
is a company that provides such a service, giving salespeople the best
leads for them to make sales, knowing that they are reaching the right
person with the right product.
At LeadGenius, a team of experts in the subject are put together in
order to search the best leads for each company, product and/or service.
With this, businesses know that those leads are the right ones for them
to target and do business with.
With Zetabytes of data predicted for the near future, getting a grip on Big Data will be important not only for sales and business, but almost for every field of our society.
Credit: Itproportal.com
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