Challenges of the Fourth Paradigm

Even a decade ago, data storage scalability was a major technical issue. Efficient and scalable technology with data management and storage has almost eliminated the issue. Cloud computing has reduced the initial IT investments for all businesses. Large amounts of data are generated from the internet and by organizations. Big Data is new paradigm also termed the Fourth paradigm. The term "Big Data" envelops several factors of IT ranging from technology to economic and business models. The basic concept is in providing anytime resources to all with adaptability to known and new service demands. This paper discusses the challenges rising from the use of Big Data and suggestions to overcome the challenges.