User:Bigdata4

The amount of data in our world continues to be exploding, and analyzing large data sets-so-called big data-will be a key basis of competition, underpinning new waves of productivity growth, innovation, and consumer surplus, based on research by MGI and McKinsey\\\'s Business Technology Office. Leaders in most sector will have to grapple with the implications of big data, not just a few data-oriented managers. The increasing volume and detail of information captured by enterprises, the rise of multimedia, social media, and the Internet of Things will fuel exponential development in data for that foreseeable future.

MGI studied big data ビッグデータ in five domains-healthcare in the United States, the public sector in Europe, retail in the United States, and manufacturing and personal-location data globally. Big data can generate value in each. For instance, a retailer using big data to the full could increase its operating margin by more than 60 percent. Harnessing big data in the public sector has enormous potential, too. If US healthcare were to make use of big data creatively and effectively to drive efficiency and quality, the sector could create a lot more than $300 billion in value each year. Two-thirds of that could be in the form of reducing US healthcare expenditure by 8 percent. In the developed economies of Europe, government administrators could spend less than €100 billion ($149 billion) in operational efficiency improvements alone by utilizing big data, excluding using big data to reduce fraud and errors and boost the collection of tax revenues. And users of services enabled by personal-location data could capture $600 billion in consumer surplus. The study offers seven key insights.