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Big Data
Hey there!!!
We use technology every moment of every day and accept
cookies so mindlessly, but do we ever stop to consider how our data is being
stored? Do we even know what that means? I’ve decided to tackle it this week.
Big data are sets of information that is too big and
complex for traditional data processing applications software to deal with. It consists
of 3 types of data: structured, unstructured, and semi-structured data (lets
not get caught on terms).
Traditionally, data was stored separately by department,
which caused duplicate of files and incorrect information. Modern storage database has helped the data become
more applicable to society. It centralises the data and controls redundant
data. Big Data is characterised by the 5 V’s: volume, variety, velocity, value,
and veracity (see picture below).
{Fun fact: more than 97.2% of successful organisation
are now investing in big data. }
One of the biggest problems with big data is the
growing number of privacy concern. It is essential to minimise risk and protect
sensitive data. Data owners need to stay up to date with the rapid expansion of
data as well as GDPR regulations. With data being spread across multiple
locations, privacy breach is a high possibility and could lose customer trust.
Data must be formatted consistently and standardised across
the company. This makes it easier to process data, analyse data and store it in
the database. This helps the company avoid decision making by not making
decisions with incomplete data.
I believe that society is unaware of the daily
consequences of the way our data is stored. The HSE cyberattack showed that
over 100,000 people’s personal data have been stolen, it became evident to the general
public. This caused high controversy and led to more laws and privacy
regulations.
I think that we should take a moment to reflect before sharing information about ourselves and our peers! Thanks
again for keeping me company 😊
Laura
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Comments

Great post Laura :))
ReplyDeleteReally interesting fun fact I didn't know so many companies were investing in big data! great post :)
ReplyDeleteGreat work Laura. I gained a lot from this post!
ReplyDeleteReally insightful blog Laura!
ReplyDeleteSome excellent information there Laura!!
ReplyDelete