The amount of data being generated on a daily basis by people and machines (the “digital universe”) is expanding at a rapid rate, providing a mass of Big Data potential. Of all that data, the researchers suggest that slightly less than one-quarter would be useful were it to be tagged and analyzed. But, just 3% is tagged and only 0.5% is analyzed, leaving what the study dubs “the untapped big data gap.”
Thursday, December 20, 2012
Just 0.5% of the World’s Online Data is Being Analyzed
The amount of data being generated on a daily basis by people and machines (the “digital universe”) is expanding at a rapid rate, providing a mass of Big Data potential. Of all that data, the researchers suggest that slightly less than one-quarter would be useful were it to be tagged and analyzed. But, just 3% is tagged and only 0.5% is analyzed, leaving what the study dubs “the untapped big data gap.”
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