Big Data is basically sets of data which are large in volume and cannot be processed through some traditional application software. The term big data is not new as it has been around since a long time and there has been many concepts related to the term. Even if the concept is not new in the industry, there is a lot of confusion revolving the true meaning of what big data actually is. When you work on a particular principle and start collecting knowledge on the similar, you start generating data which will be useful for you in the future to analyze the data and get further insights. Before computers and the rise of internet, the transactions were recorded on paper and archive files which were fundamentally data. Today computers allow us to save whatever data we have on spreadsheets and organize them in the most efficient way.
Since the emergence of cloud computing, it has offered the best technology with a wide range of applications for various purposes in the most cost effective way. It is almost like a match made in heaven for big data and cloud computing because there is a lot of data and only cloud computing can provide that kind of compute power to process the data. Whatever we do almost leaves a digital trail as we generate data whenever we are on the internet. As cloud computing is transforming IT, huge amount of compute power is needed with the help of internet to store and analyze this data. Cloud computing has brought such a change that it has reshaped the way computers are being used to process data. Cloud has made it very simple for data storage in comparison with traditional data storage. Cloud computing provides scalable resources on demand and it has changed the way data is stored and processed. This is a powerful approach to analyze data provided by cloud computing and has become vital in the growth of big data in multiple industries.
The full potential of what cloud computing can offer is not yet been realized due to lack of expertise and thus many enterprises fail to realize what can be achieved through cloud computing. Due to not implementing ‘Big Data’ in businesses in the way it should be, organizations are not growing because of not analyzing the data available to them. Combination of big data and cloud computing will help organizations in business analytics and will also improve their decision making in important parts of the business.
The world can benefit from this combo and can have huge analytics advantage to generate information which is ideal for business continuity. Let’s take a look at the opportunities organizations can achieve by combining big data and cloud computing: