Importance and implications of big data modeling and management

We have witnessed that big data is of economic and scientific significance. It is a scientific belief that the bigger the data utilized in research, the greater the accuracy. Data is generated every second in real life, which means the volume of data available can never diminish, but it will continue to grow. It is also important to recognize that much of this data explosion is the result of an explosion in devices located at the periphery of the network, including embedded sensors, smartphones, and tablet computers. All of this data creates new opportunities for data analysts in human genomics, healthcare, oil and gas, search, surveillance, finance, and many other areas. In this section, we are going to explore the various benefits of big data management, and in the next section we will discover various challenges of big data management in today's market.