Big data has grown to become the most important market force of the 21st century, but many aspiring business professionals are still unfamiliar with the technological marvel that seems to be defining our time. If you want to remain relevant in today’s rapidly changing market, it’s imperative that you develop a holistic understanding of big data and how its shaping the business world today. There’s a lot of dizzying information out there, and starting in the wrong place could set you back on your path to understanding big data.
Here are all of the essential bits about big data that you need to know about, and how you can stay up to date with the latest innovations as they occur.
It’s all about the money
When it comes to big data, the conversation is usually dominated by spending figures, and rightfully so. That’s because the astonishing levels of spending we’re seeing as it pertains to the development of big data analytics projects is what’s been driving big data forward more so than anything else. Government spending in the field of data analytics is skyrocketing, and private companies around the world are coming to realize there’s a goldmine of potential waiting in the huge …