Big data is an all-encompassing term for any collection of data sets so large and complex that it becomes difficult to process them using traditional data processing applications. The challenges include analysis, capture, curation, search, sharing, storage, transfer, visualization, and privacy violations. (source: http://www.baselinemag.com/analytics-big-data/slideshows/eight-essential-facts-about-big-data.html)

2. Every employee should be
encouraged to collect data at
all customer contact points
and ask the right questions to
get accurate, valuable data.

3. IT alone can't achieve
success. Senior
management has to
sponsor projects and
protect them when initial
results are discouraging.

4. That's because big data is
a big target that's extremely
valuable to the cyber-
criminals trying to steal and
exploit it.

5. You can put a sensor on a
cup of coffee at Starbucks
to discover information
such as when the customer
bought it and which
ingredients were in it.

6. McKinsey predicts a
shortage of up to 190,000
big data engineers in the
U.S. by 2018

7. Consumers are getting
smarter about all things
tech, including how much
information organizations
are collecting about them.

8. The U.S. has made $200
million available for big
data R&D efforts. This and
support from other global
governments is making
public data sets more
available.

9. Even SMBs can gain
insights from relatively
small volumes of
information by combining
their data with public data
sets and social information.

10. /company/tyrone-systems /tyronesystems/TyroneSystems