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Technology Untangled

Big Data: More than just a number?

Technology Untangled

Hewlett Packard Enterprise

Cloud Computing, Everything As A Service, Future Technology, Information Technology, New Innovations In Technology, It Consultant, Cloud Native, Containerisation, Iot, Disruptive Technologies Of The Future, Machine Learning, Neural Networks, Cool Tech, Latest Technology News, Virtual Machines, Gadget News, Hybrid Cloud, Internet Of Things, Technology Consulting, Hpe, Hewlett Packard Enterprise, New Technology 2020, Containers, Hci, Information And Communication Technology, Hyperconverged Infrastructure, Converged Infrastructure, It, Tech, Sustainable Tech, Digital Technology, Hp Hyper Converged Infrastructure, Enteprise It, Digital Transformation, Cloud Storage, Deep Learning, Tech News, It Management, News, Vmware, Artificial Intelligence, New Technology, Modern Technology, Sustainability, Technology, Hyperconvergence, Latest Technology, Disruptive Technology, It News, Saas, Business Continuity, Network Security, Technology Software, Hyper Converged Infrastructure Vendors, Xaas, Software As A Service, Circular Economy, Advanced Technology, Technology Scouting, Technical Engineering, Most Innovative Tech Companies, Educational Technology, Autonomous Vehicles, Cloud Architecture, Ict, New Technology 2021, Tech Solutions, Science And Technology, Technology Design, Infrastructure As A Service, System Technology, Cloud, Dhci

5.069 Ratings

🗓️ 14 March 2023

⏱️ 45 minutes

🧾️ Download transcript

Summary

We hear a lot about Big Data. But what does it actually mean? Is it, quite simply, lots of data? Or is there more to it than that? Spoiler alert, there is. A lot more. In this episode, we're taking a look at the age of insight, and how Big Data has evolved from a technical concept to a way of extracting enormous value from the fumes of data meant for other purposes.

Transcript

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0:00.0

Perhaps people wouldn't think that data analytics company focusing on vaccines and epidemiology

0:10.7

would be looking at the size of poultry farms, but that's another data set that we can

0:15.5

bring in to help understand the risk.

0:19.5

Big data. Yep. It's become a bit of a buzzword over the last few years,

0:24.5

hasn't it? And it can mean a lot of different things pending on who you ask. In essence,

0:30.1

though, it's taking a lot of information and using it to find insights that you didn't know

0:35.7

were there before. And where there's insights, there's

0:40.1

value. Sounds pretty simple, right? Well, not exactly. Because collecting a whole load of

0:47.1

information is one thing. Finding use for it, or at least using it, well, that's a different thing

0:53.6

altogether. And with humanity generating

0:56.4

2.5 quintillion bytes of data per day, I promise that's a real number, and growing, knowing where

1:04.3

to look for the juicy bits takes skill. So, that's what we're going to be looking at today.

1:11.2

We're going to be lifting the lid on big data, chucking in some finely chopped information,

1:17.5

seasoning it with some expert opinion, and hoping a delightful, insightful stew comes out the other end.

1:42.4

Thank you. the other end. You're listening to Technology Untangled, a show which looks at the rapid evolution of technology and unravels the way it's changing our world.

1:46.7

I'm your host, Michael Bird.

1:53.4

Big data is big business.

1:57.0

Between 2018 and 2022, the global big data and business analytics market grew from $169 billion

2:04.5

to a predicted $274 billion. What qualifies as big data in the simplest terms has grown too.

2:14.9

In 1999, a one-gigabyte dataset would have been considered big data.

2:20.3

Nowadays, datasets can run into petabytes or even exabytes spread across multiple sources and formats.

2:28.3

But it's not just about how big your database is, it's what you do with it that counts.

...

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