Fidelity Investments put out an interesting analysis on Big Data as a Macro Investment Themes for clients. Since everyone has an underperforming investment portfolio in this current market, I reproduced the article here to generate some ideas.
- New types of large data sets have emerged because of advances in technology, including mobile computing, and these data are being examined to generate new revenue streams.
- More traditional types of business data have also expanded exponentially, and companies increasingly want and need to analyze this information visually and in real time.
- Big data will be driven by providers of Internet media platforms, data amalgamation applications, and integrated business software and hardware systems.
Investment Theme – Big Data
The concept of “big data” generally refers to two concurrent developments. First, the pace of data accumulation has accelerated as a wider array of devices collect a variety of information about more activities: website clicks, online transactions, social media posts, and even high-definition surveillance videos.
A key driver of this flood of information has been the proliferation of mobile computing devices, such as smartphones and tablets. Mobile data alone are expected to grow at a cumulative annualized rate of 92% between 2010 and 2015 (see Exhibit 1, below). Read more