A Concise Review of the Emergence of Big Data and Plausible Trends
Exponentially growing data storage capacity, along with increasing computing power and affordability of information processing, has fueled the rise of Big Data and a remarkable potential for harnessing the power of information. The capability of organizations to analyze large data sets has become a key factor for competitiveness, innovation and growth. This article will deliver a concise overview of Big Data and the technologies which support its use in industry. We initially provide a comprehensive definition and surveying its sources of origin. Subsequently, a few selected technologies and techniques utilized to handle Big Data are explored. Finally, we briefly review plausible solutions for current challenges experienced in processing large amounts of data quickly and efficiently.