Multidirectional use of Big Data

The authors have attempted to define a range of data that can be described as Big Data. They pointed out that the modern growth of records is a consequence of the rapidly growing public administration, financial, commercial, health and other segments of the economy. Informatisation of health care connected with the insurance market is rapidly contributing to the generation of huge amounts of often sensitive data. Generating such a large amount of data requires the skillful use of analytical tools to extract the most-needed and most valuable information that will help us understand our behaviors, processes and improve the quality of life. These processes and tasks can be used by Big Data. Next, the authors discussed in detail the use of Big Data in the economy. They characterized the processing of large databases using the Big Data potential.