Thursday, March 22, 2012

McKinsey on Big Data

McKinsey has a full report (from March 2011) describing the meaning and potential impact of so-called big data. You can read the report here. One problem, which the authors of the report do not discuss in detail, is the that since so much of what constitutes big data will be collected by private firms there are possibilities of restricted information pockets. In other words, only certain private actors will have access to big data, and academics might very well be left very few big data sources.