Big Data: Mergers And Acquisitions

Introduction

"The world's most valuable resource is not oil, but data" this was the title of an article published by the Economist in 2017.¹ This statement was made in the context of the explosive growth of the digital economy triggered by the advancement made in the realm of technology and internet. This has led to an exponential increase in the collection, analysis, and exploitation of data by large corporations. The term 'big data' refers to "large amounts of different types of data produced with high velocity from a high number of sources. Handling today's highly variable and real-time datasets requires new tools and methods, such as powerful processors, software and algorithms" ("Big Data").²