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Challenges of the Fourth Paradigm

Published on December 2013 by S. Ramakrishnan, V. Nanda Kumar
journal_cover_thumbnail

International Conference on Computing and information Technology 2013
Foundation of Computer Science USA
IC2IT - Number 3
December 2013
Authors: S. Ramakrishnan, V. Nanda Kumar
974828ed-19a1-4685-bd65-fbd25f2dff5a

S. Ramakrishnan, V. Nanda Kumar . Challenges of the Fourth Paradigm. International Conference on Computing and information Technology 2013. IC2IT, 3 (December 2013), 11-13.

@article{
author = { S. Ramakrishnan, V. Nanda Kumar },
title = { Challenges of the Fourth Paradigm },
journal = { International Conference on Computing and information Technology 2013 },
issue_date = { December 2013 },
volume = { IC2IT },
number = { 3 },
month = { December },
year = { 2013 },
issn = 0975-8887,
pages = { 11-13 },
numpages = 3,
url = { /proceedings/ic2it/number3/14400-1336/ },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Proceeding Article
%1 International Conference on Computing and information Technology 2013
%A S. Ramakrishnan
%A V. Nanda Kumar
%T Challenges of the Fourth Paradigm
%J International Conference on Computing and information Technology 2013
%@ 0975-8887
%V IC2IT
%N 3
%P 11-13
%D 2013
%I International Journal of Computer Applications
Abstract

Even a decade ago, data storage scalability was a major technical issue. Efficient and scalable technology with data management and storage has almost eliminated the issue. Cloud computing has reduced the initial IT investments for all businesses. Large amounts of data are generated from the internet and by organizations. Big Data is new paradigm also termed the Fourth paradigm. The term "Big Data" envelops several factors of IT ranging from technology to economic and business models. The basic concept is in providing anytime resources to all with adaptability to known and new service demands. This paper discusses the challenges rising from the use of Big Data and suggestions to overcome the challenges.

References
  1. Big Data: The next frontier for innovation, competition and productivity, June 2011, McKinsey Global Institute,
  2. "Big Data at your Service", http://ec. europa. eu/information_society/newsroom/cf/dae/itemdetail. cfm?item_id=8337
  3. Neelie Kroes, http://www. europarl. europa. eu/sides/getAllAnswers. do?reference=E-2012-006126&language=EN
  4. Data Equity – Unlocking the value of big data, p. 4 ff. April 2012, Center for Economics and Business Research
  5. Mobile is the new face of engagement, Forrester , February 2012
  6. Big Data, Analytics and the Path From Insights to Value, Dec 2010, LaValle et alTavel, P. 2007 Modeling and Simulation Design. AK Peters Ltd.
Index Terms

Computer Science
Information Sciences

Keywords

Fourth Paradigm Stream Processing Big Data Analytics