The state of data

Abstract

We are currently experiencing an extraordinary acceleration in the growth rate of digital data. One of the reasons for this increase is the digitization of virtually all communications and records. This exponential growth is evidenced by the fact that the sum total of data produced in the last year or two would exceed all data that existed in digital form prior to that time. Just as the Industrial Revolution created an entirely new urban way of life for what is now more than half of the population of the planet, the Big Data revolution will dramatically alter the ways in which we interact, not only with each other but with all of the institutions which mediate our lives. Our age has come to be known as the era of Big Data and we are only beginning to understand its opportunities and challenges. This position paper underlines some of these emerging promises and threats, as well as their implications for researchers and scientists across the database community.

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