What is “BigData” ?

• BigData term describes the data in very large /huge quantity in either structure or unstructured manner.
  
• BigData is analysed for gaining better business decisions & strategic moves.
• In early 2000, this concept gained influence & momentum which changed entire aspects in buiseness data study.

Let’s understand this through some easy real-life example:

Almost 90% public in the world knows what is FACEBOOK. Let’s think that where all informations i.e. Status, Photos, Videos get stored? They technically call it a Cloud storage.
We imagined that the cloud storage is basically a satellite storage!

But it is NOT a satellite storage.

It’s a storage in many servers domained & operated by Facebook.

Yes you though right ! The data multiplied by people using facebook is very large. (Let’s forget about feeds & login data)
It is in large terms next to infinity. They are stored by the BIG DATA bases.

Let’s know some fields where big data is largely used !

• Banking & Security Services
• Communication, Media & Entertainment
• Healthcare
• Retail & Wholesale Market
• Transport industry
  And many more...
  

Analytical Results :
The Field for DATA SCIENTIST is largely vacant in today’s IT field companies.
Average salary for data scientist particularly in Big Data concept is 6,20,244₹ for just FRESHERS.

BigData & BLOCKCHAIN :

• Talking about BITCOIN in terms of blockchain, Big Data here can be understood for playing a lead role!
• Also big data possess potential to change whole blockchain technology in some new & more secure trend.

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