Please enable JavaScript.

Coggle requires JavaScript to display documents.

"Big" Data - Coggle Diagram

- - - - For example:
        Firms now have data streams coming from instrumented, interconnected supply chains; mobile devices; Internet-connected things; and social media.
        
        Walmart produces over 200x entire Library of Congress every hour
        A Boeing 787 jet generates forty terabytes of data every hour in flight; it would take 2,500 iPhones to store it.
- - - - Correlation in statistics ~ Walmart’s beer and diapers sales on Friday night
      - Causation is the Holy Grail of prediction
      - Can tweak things that cause sales, returns, or customer loyalty