The term “big data” refers to data that is huge, fast or complex and difficult or impossible to process using traditional methods. There are five V’s of big data which includes Volume, velocity, variety, veracity and value. Big data includes the use of predictive analysis, user behavior analytics, or certain other advanced data analytics methods that extract value from big data and find some meaningful and insightful result, which would help to explore and open new direction.
The major sectors, where the big data analysis is getting essential day by day, are as following:
- Healthcare providers.
- Medical researchers.
- Banking and securities.
- Manufacturing and natural resources.
Why I3T focuses on that:
Big data is the future of the technological advancement and throughput research outcome for betterment of mankind. It is being widely used to find the person specific cure and medicine, which will be the biggest advancement in near future. Not only that, other sectors are also using it to provide better service, security and overall experience. In I3TK, we will use the big data to analyze the gene behavior of people against different diseases, the overall health attributes of the population, building up medical and diagnostic data base, for a better healthcare system.