
The world is changing fast. Faster than any time in the human history. For example, it took fifty years for one in four Americans to adopt electricity. Then, it got faster. It took thirty years for the same number to utilise the radio. Then, even faster. Eighteen years to “accept” the colour TV. Thirteen years for mobile phones and only seven for laptops. That’s how fast the world is changing.
We see changes in education, agriculture, energy, banking, health and even in fashion. There is hardly anything that is not changing. But all these changes would not be possible without one “ingredient”. The technology.
Big Data

Big Data is a term used to describe datasets whose size is beyond the ability of traditional databases. However, the term’s meaning has changed over the last few years. Nowadays, “Big Data” not only refers to the data you create but also the “tools” that capture, store, and analyse this data.
Cisco expects “Big Data” to become a $50 billion industry by 2020 and investments in “Big Data” to reach between $75 to $85 Billion by 2020.
It sounds a lot. But there is a reason behind. The Internet of Things, wearable tech and all related industries are dependent on the “Big Data” in a way or another. All these new “industries” produce data that has to be stored and analysed.
The amount of data generated every day grows at a tremendous rate. On the other half, the cost of data storage has declined, year by year.
To give you a better idea how important “Big Data” is, I have some statistics for you: We generate 2.5 quintillion bytes of data every day. That is 2.5 followed by 18 zeros. All that data, properly used can change save lives, eradicate diseases, stop world hunger. That is how important the “Big Data” is.
Internet of Things

You can imagine IoT as an invisible network, made from the physical objects or “things” around you. Objects you see at work, at home, in the car, etc. These objects will be “embedded” with smart, connected sensors one day. Sensors connected to the internet, capable of collecting and exchanging the data. With you, with other smart objects, with your doctor or your insurance for example.
I already have smart sensors in my home and, in my car. Lights go off when I leave my home and turn back on when I return. I can turn the heating on from my mobile even if I am abroad. My car unlocks the doors on my proximity and when I touch the driving wheel the engine starts. Oh, yes, the fridge. I have a relation with my fridge.
It is true, my fridge messages me more often than my partner but no, it is not that kind of relationship. My fridge lets me know if any of the food expired or if I need to replenish the stock.
We are now in 2015 and there are not many devices connected to the internet. From a Cisco press release, de’ Medici gathered that only 1% of IoT devices are “networked”.
wtvox.com
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