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These troves of monetised data are created by the free "work" of users.
An IBM report in September estimated that 2.5 quintillion bytes of data are created every day (that's 25 followed by 17 zeros, or roughly 10 million laptop hard drives) and that 90 per cent of the world's data has been generated in the past two years: everything from geo-tagged phone texts and tweets to credit-card transactions and uploaded videos.
Consequently, huge data are created on the social network.
Indeed, more and more data are created today by numerical simulations.
Second, administrative data are created for billing rather than clinical or research purposes.
Some data from commercial firms, such as Internet behavioral data, are created by proprietary algorithms.
Similar(32)
Not all big data is created equal.
The maps and data being created amount to "a living creature," Mr. MacLeod said.
Blockchains are decentralised databases that keep a record of how data is created and changed over time.
Because we're producing data at an ever-increasing rate – 90% of the world's data was created in the last two years!
We found that many universities had little idea of the volume of research data being created and how it was managed.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com