Inside the Briefcase

Ironclad SaaS Security for Cloud-Forward Enterprises

Ironclad SaaS Security for Cloud-Forward Enterprises

The 2015 Anthem data breach was the result of...

The Key Benefits of Using Social Media for Business

The Key Benefits of Using Social Media for Business

Worldwide, there are more than 2.6 billion social media...

Gartner IT Sourcing, Procurement, Vendor and Asset Management Summit 2018, September 5 – 7, in Orlando, FL

Gartner IT Sourcing, Procurement, Vendor and Asset Management Summit 2018, September 5 – 7, in Orlando, FL

Register with code GARTITB and save $350 off the...

Infographic: The Three Pillars of Digital Identity: Trust, Consent, Knowledge

Infographic: The Three Pillars of Digital Identity: Trust, Consent, Knowledge

8,434 adults were surveyed to gauge consumer awareness of...

FICO Scales with Oracle Cloud

FICO Scales with Oracle Cloud

Doug Clare, Vice President at FICO, describes how Oracle...

Why Did Warren Buffett Invest $10 Billion In Big Data?

September 24, 2012 1 Comment

SOURCE: Seeking Alpha

Legendary investor Warren Buffett is famous for buying the basics, companies that make everyday products like soaps or razors. He has avoided early-stage investments in tech companies for the past four decades. But a trend is fast emerging in technology that’s so big even Buffett can’t ignore it. In fact, he just invested $10 billion into it.

Big Data: A New Trend Emerging

“Big data” refers to the volume of digital data being collected around the world. Over the past two years, we’ve seen an explosion in data creation. Everyday, we create 2.5 quintillion bytes of data. This data comes from everywhere: sensors used to gather climate information, digital pictures and videos, purchase transaction records, and cell phone GPS signals just to name a few. Billions of people every day are posting new information to their Facebook, YouTube, and Twitter accounts.

Read More of Andy Batts Article on Seeking Alpha

DATA and ANALYTICS , News
One Comments to “Why Did Warren Buffett Invest $10 Billion In Big Data?”
  1. Jason says:

    This genius know this big data field will be a great investment /

    Big data in forex will be a huge market as will all financial markets, Asa day trader I can’t wait to have every advantage in my hands.

Leave a Reply

(required)

(required)


ADVERTISEMENT

Gartner IT Operations

SuperCharge Your Cloud

American CISO

IBC 2018

ITBriefcase Comparison Report