Mumbai, August 28 2013: Big Data is one of those IT buzzwords that have captured the imagination of the industry in the last year or two Big data technologies describe a new generation of technologies and architectures, designed to economically extract value from very large volumes of a wide variety of data by enabling high-velocity capture, discovery and/or analysis.
The upcoming BYTE into BIG Data Summit being held, November 21-22 2013, in Mumbai is an opportunity for Key Decision Makers from cross Industry, involved in Data Analysis,Data Storage and Data Management to get together, discuss, understand and elucidate how enterprises can effectively understand, analyze, protect and utilize the massive surge in Data coming their way.The Summit will see a global community of CIOs, Data scientists, Data technologies, Data visualisers and Data businesses spanning major sectors like commercial, financial, social and technological sectors.The McKinsey Global Institute estimates that data volume is growing 40% per year, and will grow 44x between 2009 and 2020
Big data typically refers to the following types of data:
Traditional enterprise data – includes customer information from CRM systems, transactional ERP data, web store transactions, general ledger data.
Machine-generated /sensor data – includes Call Detail Records (“CDR”), weblogs, smart meters, manufacturing sensors, equipment logs (often referred to as digital exhaust), trading systems data.
Social data – includes customer feedback streams, micro-blogging sites like Twitter, social media platforms like Facebook. Event details here