This report explores the impact and potential of Big Data technologies.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | UK Government Office for Science |
| Publication date: | December 18, 2014 |
| Geographic focus: | United_Kingdom, Global |
| Page count: | 7 |
The research method involved establishing a community of interest comprising government policy leads, analysts, private sector experts, and academics. This group provided insights that were combined with an extensive review of open-source literature on Big Data.
(Generated with the help of GPT-4)
The report, completed in 2013 by the UK government's Horizon Scanning Programme, examines Big Data as one of the 'Eight Great Technologies' poised to drive UK growth. It defines Big Data, outlines high-level trends, and discusses opportunities for applications. The paper draws insights from government policy leads, analysts, private sector experts, and academics. It identifies six key trends shaping Big Data's future, including cloud computing, new software for unstructured data, real-time analytics, data monetization, privacy concerns, and the rise of smart cities. Opportunities in Big Data are segmented into creating transparency, enabling experimentation, segmenting populations, supporting human decision-making with algorithms, and innovating new business models. Examples from various sectors illustrate these opportunities, highlighting the transformative potential of Big Data across government and society.
(Generated with the help of GPT-4)