Best of the Week
Most Popular
1. Investing in a Bubble Mania Stock Market Trending Towards Financial Crisis 2.0 CRASH! - 9th Sep 21
2.Tech Stocks Bubble Valuations 2000 vs 2021 - 25th Sep 21
3.Stock Market FOMO Going into Crash Season - 8th Oct 21
4.Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
7.AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
8.Why Silver Price Could Crash by 20%! - 5th Oct 21
9.Powell: Inflation Might Not Be Transitory, After All - 3rd Oct 21
10.Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Last 7 days
CATHY WOOD ARK GARBAGE ARK Funds Heading for 90% STOCK CRASH! - 22nd Jan 22
Gold Is the Belle of the Ball. Will Its Dance Turn Bearish? - 22nd Jan 22
Best Neighborhoods to Buy Real Estate in San Diego - 22nd Jan 22
Stock Market January PANIC AI Tech Stocks Buying Opp - Trend Forecast 2022 - 21st Jan 21
How to Get Rich in the MetaVerse - 20th Jan 21
Should you Buy Payment Disruptor Stocks in 2022? - 20th Jan 21
2022 the Year of Smart devices, Electric Vehicles, and AI Startups - 20th Jan 21
Oil Markets More Animated by Geopolitics, Supply, and Demand - 20th Jan 21
WARNING - AI STOCK MARKET CRASH / BEAR SWITCH TRIGGERED! - 19th Jan 22
Fake It Till You Make It: Will Silver’s Motto Work on Gold? - 19th Jan 22
Crude Oil Smashing Stocks - 19th Jan 22
US Stagflation: The Global Risk of 2022 - 19th Jan 22
Stock Market Trend Forecast Early 2022 - Tech Growth Value Stocks Rotation - 18th Jan 22
Stock Market Sentiment Speaks: Are We Setting Up For A 'Mini-Crash'? - 18th Jan 22
Mobile Sports Betting is on a rise: Here’s why - 18th Jan 22
Exponential AI Stocks Mega-trend - 17th Jan 22
THE NEXT BITCOIN - 17th Jan 22
Gold Price Predictions for 2022 - 17th Jan 22
How Do Debt Relief Services Work To Reduce The Amount You Owe? - 17th Jan 22
RIVIAN IPO Illustrates We are in the Mother of all Stock Market Bubbles - 16th Jan 22
All Market Eyes on Copper - 16th Jan 22
The US Dollar Had a Slip-Up, but Gold Turned a Blind Eye to It - 16th Jan 22
A Stock Market Top for the Ages - 16th Jan 22
FREETRADE - Stock Investing Platform, the Good, Bad and Ugly Review, Free Shares, Cancelled Orders - 15th Jan 22
WD 14tb My Book External Drive Unboxing, Testing and Benchmark Performance Amazon Buy Review - 15th Jan 22
Toyland Ferris Wheel Birthday Fun at Gulliver's Rother Valley UK Theme Park 2022 - 15th Jan 22
What You Should Know About a TailoredPay High Risk Merchant Account - 15th Jan 22
Best Metaverse Tech Stocks Investing for 2022 and Beyond - 14th Jan 22
Gold Price Lagging Inflation - 14th Jan 22
Get Your Startup Idea Up And Running With These 7 Tips - 14th Jan 22
What Happens When Your Flight Gets Cancelled in the UK? - 14th Jan 22
How to Profit from 2022’s Biggest Trend Reversal - 11th Jan 22
Stock Market Sentiment Speaks: Are We Ready To Drop To 4400SPX? - 11th Jan 22
What's the Role of an Affiliate Marketer? - 11th Jan 22
Essential Things To Know Before You Set Up A Limited Liability Company - 11th Jan 22
NVIDIA THE KING OF THE METAVERSE! - 10th Jan 22
Fiscal and Monetary Cliffs Have Arrived - 10th Jan 22
The Meteoric Rise of Investing in Trading Cards - 10th Jan 22
IBM The REAL Quantum Metaverse STOCK! - 9th Jan 22
WARNING Failing NVME2 M2 SSD Drives Can Prevent Systems From Booting - Corsair MP600 - 9th Jan 22
The Fed’s inflated cake and a ‘quant’ of history - 9th Jan 22
NVME M2 SSD FAILURE WARNING Signs - Corsair MP600 1tb Drive - 9th Jan 22
Meadowhall Sheffield Christmas Lights 2021 Shopping - Before the Switch on - 9th Jan 22
How Does Insurance Work In Europe? Find Out Here - 9th Jan 22
MATTERPORT (MTTR) - DIGITIZING THE REAL WORLD - METAVERSE INVESTING 2022 - 7th Jan 22
Effect of Deflation On The Gold Price - 7th Jan 22
Stock Market 2022 Requires Different Strategies For Traders/Investors - 7th Jan 22
Old Man Winter Will Stimulate Natural Gas and Heating Oil Demand - 7th Jan 22
Is The Lazy Stock Market Bull Strategy Worth Considering? - 7th Jan 22
METAVERSE - NEW LIFE FOR SONY AGEING GAMING GIANT? - 6th Jan 2022
What Elliott Waves Show for Asia Pacific Stock and Financial Markets 2022 - 6th Jan 2022
Why You Should Register Your Company - 6th Jan 2022
4 Ways to Invest in Silver for 2022 - 6th Jan 2022
UNITY (U) - Metaverse Stock Analysis Investing for 2022 and Beyond - 5th Jan 2022
Stock Market Staving Off Risk-Off - 5th Jan 2022
Gold and Silver Still Hungover After New Year’s Eve - 5th Jan 2022
S&P 500 In an Uncharted Territory, But Is Sky the Limit? - 5th Jan 2022

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Big Data - How the New "New Money" Will Be Made

Companies / Tech Stocks Aug 21, 2013 - 12:59 PM GMT

By: Money_Morning

Companies

Tara Clarke writes: If you're an investor, there's a term you need to know: Big Data.

Data - just the word itself - is the most boring abstraction in the world. The meaning of the word "data" itself is, well, meaninglessness. That's the point.


Data is incoherent stuff with no relation to anything.

So, what is "Big Data"?

"In the technology world, the term 'Big Data' refers to large arrays of data, raw and unstructured, whose sheer size and type make them practically impossible to process and analyze with existing database technology," explains Money Morning's Defense & Tech Specialist Michael Robinson.

And Big Data is about to make a lot of people extremely wealthy...

How Big is Big?

A mind-blowing 2.7 zettabytes of data existed in our digital universe in 2012. A zettabyte of data is the total found in 62.5 billion iPhones - a stack that would go from the Earth past the moon.

This data comes from billions of sources, like the 5 billion people calling, texting, tweeting, and browsing on mobile phones worldwide in 2012, the 571 new websites created every minute of the day, and more...

The amount of data in 2012 grew 48% from 2011, and will jump even more in 2013.

Harnessing all this data can result in some pretty amazing things.

"The answers to our grand challenges lie in the patterns that big data discovers and the answers it provides," said Robinson.

Analysts say the big data sector will dwarf the $160 billion cloud computing industry. It will also be put to use in nearly every aspect of our lives.

"I break it up into seven main markets big data will impact in a huge way: governments, defense and security, business, cloud, health care, surveillance, and science," Robinson said.

Editor's Note: Big data can especially impact the healthcare market starting with this one tiny device that has the power to end all disease. It's quietly been cleared by the FDA. But it can't stay quiet much longer. And according to industry experts, it's going to create $7 trillion in new wealth. Click here to see it for yourself.

Here are just a few ways it's already transforming these industries...

Big Data in Action

In January, Earth Networks SM, operator of the largest weather, lightning, and climate observation networks, announced new storm warning technology at the 2013 American Meteorological Society Annual Meeting.

The tech uses big data to transform how and when people receive warnings about impending storms. Analysts say it will speed up storm warnings by 50%.

Also in January, we heard about how a new big data-based technology called ShotSpotter has been impacting crime-fighting. ShotSpotter can locate the source of gunshots with pinpoint accuracy and details.

"This is the most valuable tool we've gotten in a real long time," Police Sgt. Kevin Medeiros said of ShotSpotter in an interview with The Herald News. "This is up there with laptops (computers) in the cruiser, guns and pepper spray."

The Boeing Company (NYSE: BA) is also using big data to design and improve its aircraft.

The company used a big-data computer to model airflow over the wings of its 787. The simulation ended up validating and improving several of Boeing's aerodynamics codes, saving the company time and money, and possibly influencing the process by which next-gen Boeing aircraft are going to be designed and manufactured.

Even smartphone users have felt the ripple of big data.

Shazam is a mobile phone application that combines music-recognition software algorithms and a database of millions of songs to help you identify and organize digital music.

You turn on Shazam when you hear a song playing, and it will identify the song name, artist, album, lyrics, discography, and more, in the span of about 15 seconds.

Shazam and ShotSpotter highlight how important wireless tech is to realizing the full potential of big data.

That's why Robinson describes big data wireless tech as "a giant global network of networks."

"As the developing world embraces wireless technology, every human on the planet will create oceans of data," Robinson explains. "We are walking, talking data machines with trillions of lines of code - from our DNA to our music, photos, games, and everything else that's digital."

And these trillions of lines of code will turn into trillions in profits...

How to Invest in Big Data

To invest in big data, you need to pay attention to two key areas:

"Big data needs two essentials to take off," Robinson details. "One is really good algorithms."
Algorithms are the programs that will crunch the data into relationships and patterns that we can use.

"You can't see them, touch them, taste them or feel them, but they're everywhere in our tech-driven world," says Robinson of algorithms. "They're running everything from auto pilot systems, to robots, to running super computers that can beat humans at complex games like Jeopardy. And they play a big role in the investing world as the 'geniuses' behind black-box trading."

The second essential is where the real money-making opportunity is going to be; Robinson describes it as an absolute must for investors...

In fact, one of these devices is now estimated to grow in sales from $11.1 billion to $7 trillion in the next two and half years. That's a 63,000% increase.

"That's how new moguls are going to be made. It's just too big, too obvious, and too splendid to ignore," says Robinson.

Robinson has seen a lot of tech breakthroughs over his 30 years as a leading analyst. But he's never seen one as big as this new big data breakthrough.

It's about a new device that could end all disease. If you want to be a part of this $7 trillion opportunity, we'll show you how to get started today...

Source :http://moneymorning.com/2013/08/16/big-data-may-be-boring-but-it-could-make-you-wealthy/

Money Morning/The Money Map Report

©2013 Monument Street Publishing. All Rights Reserved. Protected by copyright laws of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), of content from this website, in whole or in part, is strictly prohibited without the express written permission of Monument Street Publishing. 105 West Monument Street, Baltimore MD 21201, Email: customerservice@moneymorning.com

Disclaimer: Nothing published by Money Morning should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investent advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication, or after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended by Money Morning should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.

Money Morning Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in