The Age of Big Data

Via Scoop.itDigital Ecosystem

Big data is nothing unknown already.

It’s statistics applied to real life and making touchable conclusions (most of them already guessed but impressively mind-lighting) out of them.

Big differences:

  1. No need to select a sample out of the universe. You work with the whole universe as a unique sample
  2. Information Technology. We can now handle massive amount of data to get converted into real information
  3. Internet. We make data public, accesible, usable and integrable
  4. Geeks and mathematicians. They are to be the same thing
  5. Data and algorithms used to work them out are to be day to day word of mouth

Via www.nytimes.com

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