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ARTICLE · 07 FEBRUARY 2014

Conclusion: the development and future of big data

Spruson & Ferguson Lawyers
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The promise and potential of big data must be matched by a considered approach to collection, storage, licensing and use.

AustraliaIntellectual Property
Mark Vincent
Mark Vincent
Katrina Crooks
Katrina Crooks
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Big Data: Legal Challenges (Full Report)

Analysis of Big Data is characterised by use of real time information and very large sets of information from disparate sources. Much of the relevant data is unstructured or only semi-structured, and will often lack originality, and even meaning, without the work of the data analyst to extract insights. On the one hand we have raw data with little form and little meaning, and on the other, immense value when it is combined with other data sources and advanced techniques of evaluation. It is entirely possible that after evaluation, a new structured data set may also be created which contains the real insights, and which although highly valuable, may be simply expressed.

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