Big Data — What it is and Why it matters most in today’s era??

What is Big Data??

Some BigData Stats:

  • If we talk about Google, we submit 40,000 search queries per second. That amounts to 1.2 trillion searches yearly!
  • Each minute, 300 new hours of video show up on YouTube. That’s why there are more than 1 billion gigabytes (1 exabyte) of data on its servers!
  • Every minute, users send 31 million messages and view 2.7 million videos on FaceBook.
  • The amount of data created each year is growing faster than ever before. By 2020, every human on the planet will be creating 1.7 megabytes of information… each second!
  • In only a year, the accumulated world data will grow to 44 zettabytes (that’s 44 trillion gigabytes)! For comparison, in the starting of 2020, it’s about 4.4 zettabytes. This is really hilarious…
  • In last two years, nearly 90% of all data has been created. That’s why Companies that use big data analytics are already gaining momentum on their competition.
  • We are using BigData in almost each of the industries like Medicine, Media, Banking, IOT devices, etc.

What are the problems which companies facing in storing Big data?

1. Volume :

2. Velocity :

Solution:

References:

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