Question

As the Big Data ecosystem takes shape, there are four main groups of players within this interconnected web. List and explain those groups.

Answer 1

The groups are given as:

• Data devices and the sensorset collect data from different locations and continuously generate new data about this data. For each gigabyte of new data, an additional petabyte of data is created about that data.
• Data collectors include sample entities that collect data from the devices and users
• Data aggregators make sense of the data collected from various sensorsets or Internet of things. The companies find different usage patterns collected by government agencies, retail websites, etc.
• Data Users/Buyers are the groups which finally benefit from the data collection and aggregated by others in the chain.