Blog 7: My, what Big Data you have!
(Image Source: http://upload.wikimedia.org/wikipedia/commons/b/b3/Big_data_cartoon_t_gregorius.jpg)
How many people do you know that have an online presence?
Actually, scratch that. Itâs probably quicker to ask you to count how many people you know that donât have an online presence.
The chances are that most of the people you know are online (unless you know an unusually high amount of elderly people).
The truth is, it is becoming quite difficult to live your life without being online. Things like online shopping and online banking are becoming increasingly popular. So popular that it can sometimes be more pleasant to do things over the internet, rather than deal with incompetent staff members in store (who usually refer you online anyway so they donât have to bother with you). These days, doing your errands online has become so normal that we donât even think about what weâre doing. We donât think about how much information about ourselves we leave behind as we frolic around cyberspace looking at all the cool stuff.
This information â all of our information â is Big Data.
Big Data is, in essence, large and complex amounts of information that are difficult to maintain or control (Woodford, 2014).
Big Data, for every industry, is currency (Woodford, 2014).
There are many experts across every industry, who specialise in dealing with Big Data. They collect it and analyse it so that they can use it to influence their target market. It is all compiled into statistics based on demographics to determine what youâre doing and why. They do all this just so that they can make you more inclined to buy their product or service.
However, Big Data doesnât only come from information imprints you left behind by accident. I can guarantee that a majority of you will provide Big Data willingly on a daily basis. And you probably donât even know it.
Raise your hand if youâve ever used a Hashtag (now put it down, you look stupid).
Thatâs right, the simple Hashtag is key in finding some pretty important information. Those who are interested can find out what people are talking about, what they think of it and why they think that way. All on one quick search. For example, if the marketing team at Channel Seven wanted to find out how My Kitchen Rules was being received by the public, they could just search twitter for #MKR, or even just the âkeywordâ MKR, and every tweet involving either that Hashtag or keyword would be at their disposal.
The act of collecting Big Data has been known to blur the lines of public and private data. Data such as tweets are on a public forum, and therefore can be considered public data. However, if the person who wrote the tweet didnât realise that it would be used for Big Data market research, can it also be seen as a breach of privacy? Where do you draw the line between ethical data collection and privacy invasion?
I'll leave you with this question: Is Big Data a big issue or a big breakthrough?
 References
Woodford, Darryl. 2014. New Media, âBig Data and Telemetricsâ. Accessed 11th May 2014 http://www.dpwoodford.net/wp-content/uploads/2014/02/KCB206-Big-Data-Lecture_Small.pdf
















