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Published in:
2013 | OriginalPaper | Chapter
Forecast of Development Trends in Big Data Industry
Authors : Wei-Hsiu Weng, Wei-Tai Weng
Published in: Proceedings of the Institute of Industrial Engineers Asian Conference 2013
Publisher: Springer Singapore
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Abstract
Big Data technology is used to store, convert, transmit and analyze large quantities of dynamic, diversified data, which may be structured or unstructured data, for the purpose of commercial or social benefit. Big data technology applications need to be able to undertake real-time, high-complexity analysis of vast amounts of data, to help business enterprises perform decision-making within the shortest possible timeframe. With the rapid pace of development in cloud computing applications, both public cloud and private cloud data centers are continuing to accumulate enormous volumes of data. As a result, big data technology applications are becoming ever more important. This paper will analyze recent development trends in the field of big data industry for the reference of interested parties.