Professor P.C. Mahalanobis, who introduced statistics to India, is a scientist whose absence is felt dearly even today. Mahalanobis’s lifelong courtship with statistics, his unwavering and fearless leadership to advance a statistics and survey culture in India, the founding of the Indian Statistical Institute — “a mighty monument of his handicraft” — and his nurturing of a generation of outstanding academicians have all left behind an enduring legacy.
Following are some of the government level initiatives and interventions in the field of big data:
Establishing Data Management Protocols: The Data Management protocols ensure that data satisfies the following characteristics:
Adequate data protection laws incorporating some of the best practices followed in the World.
Economically, the integration of big data and blockchain technology has the potential to revolutionize the way we approach and utilize big data in the present.
Big data has many applications, therefore it makes sense why there is so much hype surrounding it. It is important because of the way an organization uses it, not because of how much of it they have managed to collect. Its analysis can be done rapidly and efficiently with some big data solutions. These Big Data solutions are utilized to benefit from the massive amounts of data in almost all industry verticals.
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