The term Big Data is used almost anywhere these days; from news articles to professional magazines, from tweets to YouTube videos and blog discussions. The term coined by Roger Magoulas from O’Reilly media in 2005, refers to a wide range of large data sets almost impossible to manage and process using traditional data management tools-due to their size, but also their complexity.
Big Data can be seen in the finance and business where enormous amount of stock exchange, banking, online and on-site purchasing data flows through computerized systems every day and are then captured and stored for inventory monitoring, customer behavior and market behavior.
Read Online