02 Historical Development of Big Data

In general, the volume of data available from many avenues and by extension the struggle to interpret it has been exponentially increasing for many years now. 

In the United States, when the Social Security Act came into effect in 1937, monitoring of contributions from millions of citizens and employers was a massive task that was entrusted to IBM. At the time, the solution they turned to to handle the demands of this task was to develop a machine that read information from punch cards.

In the 82 years since this development, the volume of available data has accelerated to an incredible degree. Through warfare, security, finance and the ultimately the onset of the internet, we have been striving to collect more and more data.

In the present day, the volume of available data is more bloated than ever before, in particular as a result of social media. Now the task presented to organisations is to interpret and utilise the unprecedented amount of data available to them, and innovating new ways to do so it a massive priority.

For more information, you can click here https://datafloq.com/read/big-data-history/239

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