Although 90% of the available data in the world was created in the last two years, it does mean that there is still a lot of old data. In 2010 and 2011 we created in total 3 Zettabytes of data. If we use a very simplified calculation, it would mean that the amount of old data is still approximately 0.3 Zettabyte or 300 Exabytes. If we compare that to the 2.5 Exabyte of data … [Read more...] about Why a Mere 300 Exabytes In Legacy Data Will Give Us A Headache
algorithms
Big Data Startup Algoritmica Builds Algorithms for Companies
Company Algoritmica Address Padualaan 8, 3584 CH Utrecht, The Netherlands Founders Koen Havlik, Tim Salimans & Mark-Jan Harte Founded November 2011 Funding 0 Employees 4 Website www.Algoritmica.nl Rating 7 bits  Algoritmica, a Dutch big data startup, started combining predictive analytics algorithms in order to build predictive models in November 2011. … [Read more...] about Big Data Startup Algoritmica Builds Algorithms for Companies
John Deere Is Revolutionizing Farming With Big Data
According to the United Nations Food and Agriculture Organization, food production must increase with 60% to be able to feed the growing population expected to hit 9 billion in 2050. John Deere uses big data to step into the future of farming to help farmers achieve this ambitious target. In 2012 they have released several products that can connect John Deeres equipment with … [Read more...] about John Deere Is Revolutionizing Farming With Big Data
A Short History Of Big Data
90% of the available data has been created in the last two years and the term Big Data has been around 2005, when it was launched by OReilly Media in 2005. However, the usage of Big Data and the need to understand all available data has been around much longer. In fact, the earliest records of using data to track and control businesses date back from 7.000 years ago when … [Read more...] about A Short History Of Big Data