Related papers: Big data in economics
With the advent of Internet of Things (IoT) and Web 2.0 technologies, there has been a tremendous growth in the amount of data generated. This chapter emphasizes on the need for big data, technological advancements, tools and techniques…
The ability to collect and analyze large amounts of data is a growing problem within the scientific community. The growing gap between data and users calls for innovative tools that address the challenges faced by big data volume, velocity…
Perhaps one of the mostly hotly debated topics in recent years has been the question of "GIS and Big Data". Much of the discussion has been about the data: huge volumes of 2D and 3D spatial data and spatio-temporal data are now being…
The discovery of phenomena in social networks has prompted renewed interests in the field. Data in social networks however can be massive, requiring scalable Big Data architecture. Conversely, research in Big Data needs the volume and…
In the era of big data, analysts usually explore various statistical models or machine learning methods for observed data in order to facilitate scientific discoveries or gain predictive power. Whatever data and fitting procedures are…
In last few years, the volume of the data has grown manyfold. The data storages have been inundated by various disparate potential data outlets, leading by social media such as Facebook, Twitter, etc. The existing data models are largely…
In the last decade a new generation of telescopes and sensors has allowed the production of a very large amount of data and astronomy has become, a data-rich science; this transition is often labeled as: "data revolution" and "data…
Advances in science are being sought in newly available opportunities to collect massive quantities of data about complex systems. While key advances are being made in detailed mapping of systems, how to relate this data to solving many of…
Data mining environment produces a large amount of data, that need to be analyzed, patterns have to be extracted from that to gain knowledge. In this new era with boom of data both structured and unstructured, in the field of genomics,…
Data will soon become one of the most precious treasures we have ever had, 43 trillion gigabytes of data will be created by 2020 according to a study made by Mckinsey Global Institute, it is estimated that 2.3 trillion gigabytes of data is…
Through seven publications this dissertation shows how anonymized mobile phone data can contribute to the social good and provide insights into human behaviour on a large scale. The size of the datasets analysed ranges from 500 million to…
A confluence of advances in the computer and mathematical sciences has unleashed unprecedented capabilities for enabling true evidence-based decision making. These capabilities are making possible the large-scale capture of data and the…
Big Data is used in decision making process to gain useful insights hidden in the data for business and engineering. At the same time it presents challenges in processing, cloud computing has helped in advancement of big data by providing…
Advances in sensing and computing capabilities are making it possible to embed increasing computing power in small devices. This has enabled the sensing devices not just to passively capture data at very high resolution but also to take…
In the last few years, we have witnessed an explosion of interest in Big Data in both academic and industry arenas. Big Data is about the capture, storage, analysis and visualization of huge volumes of data in both structured and…
Data is the new oil of the 21st century. The growing trend of trading data for greater welfare has led to the emergence of data markets. A data market is any mechanism whereby the exchange of data products including datasets and data…
Big Data may not be the solution many are looking for. The latest rise of Big Data methods and systems is partly due to the new abilities these techniques provide, partly to the simplicity of the software design and partly because the…
We are living in an information era from Twitter to Fitocracy every episode of peoples life is converted to numbers. That abundance of data is also available in information technologies. From Stackoverflow to GitHub many big data sources…
The paradigm of Big Data has been established as a solid field of studies in many areas such as healthcare, science, transport, education, government services, among others. Despite widely discussed, there is no agreed definition about the…
The twenty-first century has ushered in the age of big data and data economy, in which data DNA, which carries important knowledge, insights and potential, has become an intrinsic constituent of all data-based organisms. An appropriate…