Big Data Challenges

Abstract

Big Data, an umbrella term for the explosion in the quantity and diversity of high frequency digital data. The Big Data may be logs, mobile-banking transactions, online usergenerated content such as blog posts and Tweets, online searches, satellite images, etc.into actionable information requires using computational techniques to unveil trends and patterns within and between these extremely large socioeconomic datasets. These data hold the potential- to allow decision makers to track development progress, improve social protection, and understand where existing policies and programmes require adjustment. This paper presents the novel challenges and opportunities associated with Big Data necessitate rethinking many aspects of these data management platforms, while retaining other desirable aspects.

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