What is "Big Data"? What is "Analytics"? There is much debate in both academia and industry about what these terms mean, and what they do not mean. Does analytics always deal with big data? What constitutes big data? Are big data and advanced analytics really that new? And what is the business impact? Researchers at the Institute of Information Systems explore these and related questions.
There is more to big data than just volume. For example, the “big” in big data also means broad in variety and high in velocity. And without automated statistical inference, big data turns into a burden rather than an opportunity. In its research, teaching, and knowledge-transfer activities, the Institute of Information Systems helps organisations and individuals to create value through big data analytics, for example, using text-mining and sentiment analysis.
