The World Forgotten Fortune.

The World Forgotten Fortune.

The amount of data we produce every day is truly shocking. There are trillions of bytes of data created in daily basis, increasing quickly with the continues growth of the Internet of Things (IoT). in fact and as experts, last two years only, world has generated the 90 percent of the today’s data. With each click, swipe, share and like, people are generating new data to make decisions about their present, past and future. However, data is not as we learned just the storage of 1s and 0s, It is also too many sciences and technologies that are related to each other, like Data collection, Data storage, Data communications, Data protection, Data encryption, Data mining, Data interpretation, Data diagnosis, learning, prediction…. etc, and for each category there are specific knowledge, technologies, algorithms and specialists.

We are aware that Data comes in structured form.., but as we know also it comes in unstructured forms like video files, or pure analogue from numerous sensors placed in lot of ‘Things’. When we use the big size of data and analyze it properly, we can make significant improvements to entire world, to businesses and to our private lives. It can be used to predict behavior, diagnose illnesses and help us make critical decisions… there are lot of examples how big data analysis has changed the world that we live.  

What makes the data that we generate more valuable is that it is unique, personal, live, accurate and, thanks to the plummeting cost of storing and transporting it, Specialists nowadays can find out who we are, where we are, what we like and made us tailored new products and services as and when we might want them.

Data is a real fortune aside of the Oil, "the Black Gold", maybe the one big difference between both is that data will never run out. 

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