Pillar No. 8: Big Data Components

We live in a world that is increasingly connected, instrumented, and integrated. Huge volumes of data are generated worldwide that are both structured and unstructured. Estimates based on numerous studies show that unstructured data generated from numerous sources, such as social media, sensors, machines, RFID tags, weblogs, and so forth, constitute 80% of the data generated worldwide. To put things in perspective, 30 billion pieces of content were added to Facebook by over 600 million users in October 2015 and 2.9 million e-mails are sent worldwide every second. Around 30 billion searches are created ...

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