New IEC and ISO Standard will enable big data adoption across industry sectors


Date: 18-05-2020

Living in a data world

Search statistics show 40000 search queries every second on average, which works out at over 3,5 billion searches per day and 1,2 trillion searches per year worldwide. Statista indicates there are currently 3,5 billion smartphone users sending messages, uploading video and photo content and using other apps on their phones which create data.

According to an IDC report, big data and analytics (BDA) solutions are expected to reach USD 274,3 billion by 2022. The report notes that banking, discrete manufacturing, professional services, process manufacturing, and federal/central government currently make the largest investments in BDA solutions. In addition to the benefits of big data analytics, there are also concerns around the quality and management of data, as well as how it is generated, used, stored and protected.

The standard will help provide developers with an architecture framework for describing the big data components, processes, and systems to establish a common language for the various stakeholders named as big data reference architecture (BDRA). It’s a tool for describing, discussing, and developing system-specific architectures using an architecture framework of reference, which would cover requirements, structures and operations inherent to big data.