Large data commercial value has not been effectively utilized

According to foreign reports, most companies use only 0.5% of the total data collected to make decisions, which means most of the data is wasted. Tony Scott, Microsoft's vice president and chief information officer, argues that inefficient use of data has created huge http://www.aliyun.com/zixun/aggregation/12183.html "> Business Opportunities, This is because some companies are now starting to recycle data for analysis and then sell it to other companies, which creates huge profits for them.

In Scott's view, there are two distinct differences between large and regular data, one is mass and the other is response speed. Scott believes that large data use traditional tools often take months to complete analysis, and the application of large data tools, less than 1 seconds to get the same results. “

"Big data has huge commercial value, but it's not being used effectively." According to Scott to the media, large data applications not only stay in the IT field, in medicine, science, manufacturing and meteorology and other industries, will appear massive data applications, if the rational use of these resources, the industry will bring huge impetus, but at present, large data applications are far from enough. Most companies still throw away more data than they keep, how to filter the data, how long the data will last, and the problems that need to be faced by companies and regulators, but there is still a lack of a framework for big data applications.

(Responsible editor: The good of the Legacy)