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Big Data is a term we hear a lot nowadays, where ‘Big’ stands for large volumes of collected data. This data comes from multiple sources such as computers, satellites, mobile devices, cameras, microphones and more.
New technologies allow massive storage possibilities, leading to a never-ending collecting. When analyzed timely and correctly it can be of great value to companies, providing insight into the behavior of
- people, traffic
- machines or financial exchanges
- Even the weather provides data that can be analyzed.