SURVEY ON BIG DATA AND RELATED PRIVACY ISSUES

Abstract

With recent development in technology, networking and cost reduction in storage devices, today we are flooded with huge amount of data. The data is collected from heterogeneous sources and wide range of application areas. Analysis was performed on these data by means of methodically developed models. Big data is a conventional term used to describe the exponential increase and accessibility of structured and unstructured data. In future big data will be essential to business as well as society like internet facility. Resolutions that were previously build on estimation or on conceptual models of reality can now be done based on the collected and stored data itself. Big Data analysis is now used in almost every phase of our society, communication services, marketing, banking and research. The big data phase has shown the ways for huge opportunities in science, health care system, economic decision, educational system and novel forms of public interaction and entertainment.