Approximately 2.5 quintillion bytes of data is created every day with a staggering 90 percent of the world’s total data having been created in the last two years, according to IBM.
Simply put, data is just information. However, take large amounts of data derived from all kinds of computer devices, store, collate and combine them with today’s sophisticated analytics and you get one of the century’s most buzz-worthiest concepts: Big Data.
1. It Can Help Answer the Ages-Old Question, “Is College Worth It?”
While people have long lamented the high cost of a college education, the challenging economy and rising student debt have brought the issue to the forefront more than ever before. While it’s easy to talk about the ROI on college in general terms, it’s always been difficult to quantify in a meaningful way.
2. It Will Help Teachers Do Their Jobs Better
While teachers have always used data to inform and influence their methods and practices, Big Data offers more powerful ways for students and teachers to connect. As personalized learning becomes the imperative, teachers will not only have access to even more data, but also the ability to visualize it in the most effective ways.
3. Data Scientists Are in Demand
There’s a reason why Harvard Business Review declared data science to be “the sexiest job of the 21st century.”
With the world just starting to comprehend the power of Big Data, people who truly understand it will be an increasing commodity. Data scientists have the sought-after ability to “mine” data in order to help businesses, the government, and academia make the most out of data.