Big Data Evening Presentation with Ghazwan Hassna - June 19, 2019
Big Data: The Oil of the New Digital Economy
According to IBM, more than 2.5 Exabytes has been generated each day in 2012, with more than 2.5 million pieces of content shared by Facebook users every minutes, 300,000 tweets generated by Tweeter users, 220,000 photos posted by Instagram users, 72 hours of new video content uploaded by YouTube users, 50,000 apps downloaded by smart phone users, and 200 million messages sent by email users. Business organizations are facing today dramatic explosion of structured and unstructured data that are generated every second inside and outside their boundaries, whether from the firms’ internal transactions or from the customer’s interactions with public social media platforms. Business and IT leaders started realizing the significant potential of utilizing these data — referred to recently as big data — as a source of gaining business insights, sustaining competitive advantage, and improving their organization performance. The world most valuable resource is no longer oil, but data. Data is the new raw material that the digital economy is increasingly building on it to create value for societies, businesses and democracies.
Hawaii Pacific University, Multipurpose Room 4 (MPR 4) at Aloha Tower (1 Aloha Tower Drive, Honolulu, HI 96813)
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