Big data is a term that is used to describe the vast amount of information that is being collected and stored.The term was first coined in 2003 by a group of IBM executives who wanted to highlight the need for storing and analyzing large volumes of information to gain new insights from them.
As time progressed, big data has become an integral part of our everyday lives. This includes collecting, storing, processing, retrieving, sharing, and analyzing huge amounts of information at different speeds with different requirements such as speed, accuracy, or cost-effectiveness.The term also applies to using technology to collect data and analyze it quickly so that businesses can make decisions based on it.
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