Abstract
Big data is the emerging field where innovative technology offers new ways to extract value from the tsunami of available information. As with any emerging area, terms and concepts can be open to different interpretations. The Big Data domain is no different. This chapter examines the different definitions of âBig Dataâ which have emerged over the last number of years to label data with different attributes. The Big Data Value Chain is introduced to describe the information flow within a big data system as a series of steps needed to generate value and useful insights from data. The value chain enables the analysis of big data technologies for each step within the chain. The chapter explores the concept of a Big Data Ecosystem. It examines the use of the ecosystem metaphor within the business community to describe the business environment and how it can be extended to the big data context. Key stakeholders of a big data ecosystem are identified together with the challenges that need to be overcome to enable a big data ecosystem in Europe.
| Original language | English (Ireland) |
|---|---|
| Title of host publication | New Horizons for a Data-Driven Economy |
| Publisher | Springer International Publishing |
| Publication status | Published - 1 Jan 2016 |
Authors (Note for portal: view the doc link for the full list of authors)
- Authors
- Curry, Edward