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Data Management and Big Data Analytics: Data Management in Digital Economy
Abstract
The internet is creating 2.5 quintillion bytes of data, and according to the statistics, the percentage of data that has been generated from last two years is 90%. This data comes from many industries like climate information, social media sites, digital images and videos, and purchase transactions. This data is big data. Big data is the data that exceeds storage and processing capacity of conventional database systems. Data in today's world (big data) is usually unstructured and qualitative in nature and can be used for various applications like sentiment analysis, increasing business, etc. About 80% of data captured today is unstructured. All this data is also big data.
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