The term is everywhere—Big Data. Everyone talks of Big Data. Everyone is excited about Big Data. How many of us really know what that means?

“Big Data is the capture and use of more data in more daily activities,” explained Paul Sonderegger, a Big Data strategist at Oracle Corp., during a session at the Healthcare Analytics Symposium, sponsored by Health Data Management. Big Data, he added, is the economic rise of data capital, the collection of recorded use of information necessary to produce a good or service.

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