Big Data is a relative topic for most industries Research Paper

Big Data is a relative topic for most industries - Research Paper Example Such is the importance of getting valuable and timely insight nowadays that the exploitation of big data is considered a crucial component in the chances of success of a firm (Lynch, 2008). Investment in big data however does come with significant risks which participants must account for. A recent report published by Transparency Market Research indicates that the global big data market is expected to grow at an average annual rate of 40.5% from the years 2012 to 2018 (PR Newswire, 2014a; 2014b). Seemingly great news on the outset, it does have some important connotations. Given the affordable rates of internet subscriptions, service providers do not necessarily have the cash to invest in their network bandwidth. This creates the possibility of speed deficiencies, network overload and collapse as the upsurge in the availability of big data will not be matched by requisite bandwidth to support it. Without the necessary ancillary services present, revenues of the big data industry could be affected. Moreover, the big data industry is warm towards new entrants. Hadoop, the open source software utilized by major market players such as IBM and Oracle, is available for free for use by other parties as well (Sonderegger, 2014). This proposes a great competitive risk to current players in the market, especially with corporations such as Yahoo, Facebook, LinkedIn and eBay all applying this technology nowadays as well (Sonderegger, 2014). This could also give impetus to the industry giants to acquire patents to secure their place in the market by squeezing out competition. Halting technological innovations and breakthroughs will be an important repercussion of this type of action. The emergence of cyber crime poses a great threat to the progress of the big data industry. Customers should have complete faith in the ability of companies dealing in big

Psychological Assessment I, II, III Essay Example | Topics and Well Written Essays - 1250 words

Psychological Assessment I, II, III - Essay Example He was generally cooperative and seemed to give his best efforts to the tasks presented to him. It was apparent that it was easy for him to understand and respond to questions and his thought processes were mostly focused and clear, except in providing information about his past, which were sometimes incomplete and vague. When he did poorly, he became self-critical, annoyed and appeared slightly anxious. For example, in some items in the Boston Naming test, he would stare at the picture for some time before naming it, and when he realizes that he was wrong, would say, â€Å"Stupid, stupid, how hard could that be!† while pounding on the table. Dr. Anoxia was born in Wisconsin to a father who was a teacher and a mother who was a bookkeeper. When he was eight years old, his family had to move to New York because his father has accepted a teaching post in a school in Queens. When he was seventeen, his father died of a heart attack. Four years later, his mother died of cancer. According to him, he pursued graduate studies in Economics in her honor. He met his wife while attending graduate school at the New York University in 1963. Together, they raised three children who are currently successful professionals. The break-up of his marriage began when all the children have grown and left home to live their independent lives. He finally had a divorce after 22 years of marriage. His father, being a teacher had a great influence on his academic performance, expecting nothing short of excellence from him. His father’s mentoring made him excel in high school both in academics and in sports, specifically Golf. His above average school records earned him a spot at the University of Vermont where he graduated in 1957 with a bachelor’s degree in Economics. Upon graduation, he was hired by one of his professors to be one of the researchers for a government-funded study. The challenge and success he derived from his work inspired