By Stefan Bildea, PhD
Big data in the new market of video-first data
Big Data is one of the fastest growing areas in IT: 90% of the world’s data has been created in just the last two years, and 80% of it is unstructured data such as photos or video.
In this new market, unstructured data from video and images demands much more attention than the popular Big Data projects centered around structured data (e.g. fraud detection, stock prediction based on historical transactions), and semi-structured data (including text data from services like Twitter and social graph data from the “Likes” of Facebook and LinkedIn).