Big Data, Today.

Few have applied both technologies leading and market-driven strategies as big data has.

The technology to strengthen connectivity and collect and store data through SNS has led to lower prices of stroges.

The needs of managers seeking insight from big data to develop new markets or have competitive advantage have increased.

However, big data now goes beyond unexpected hurdles. Privacy policy.

Obama's campaign for reelection is cited as a famous example of big data success. However, Obama ordered big data companies to raise personal privacy issues after winning re-election, limiting the big data industry. Korea is said to have set up a policy to grow big data and the cloud under the initiative of the government, but it is still on the desk of government employees.

" Big Data " is being used everywhere in the market, and its definition, scope, and limitations are unknown.

A Big Data study reported that big data analysis on Internet message boards used by married women showed that they did not trust their husbands the most. It was unclear which method was used. The analysis of big data is not just to know the cross-section of a phenomenon, but to understand the organic relationships between factors of social phenomena through economically-probability thinking.

Steve(JongMyoung) Park, Ph.D.

Ph.D. in Business Administration

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