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PewResearch Center published the results of their latest Big Data study on the internet. The report discusses what experts are saying about Big Data hype and hope. Mark Wash co-founder of Geniusrocket.com is quoted as saying “IBM Smarter Planet will make energy use and traffic congestion get better”.
The report provided the following quote from the McKinsey Global:
“US health care could use Big Data creatively and effectively to drive efficiency and quality, we estimate that the potential value from data in the sector could be more than $300 billion in value every year, two-thirds of which would be in the form of reducing national health care expenditures by about 8%. In the private sector, we estimate, for example, that a retailer using Big Data to the full has the potential to increase its operating margin by more than 60%.”
The report contains various responses to survey questions and exposes some major themes and arguments made about big data.
Click here to read more…