Big Data: The new frontier or a methodological nightmare?
Big Data refers to the enormous amount of information now possessed by companies, that we offer up in our day-to-day lives. In Google searches, Facebook wall posts, or any purchase we are contributing to the vast amount of data, and allowing companies to make predictions about how we will behave. The use of patterning, statistical analysis and algorithms give these companies a perceived ability to ‘predict the future’; ranging from suggesting future purchases to tracking the flu virus through...
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