According to the World Economic Forum, with the recent scandals involving companies using big data for nefarious purposes it is important to remember that big data can be used for good. 

Technology and data have transformed the way we live, work and play. So far, the outcomes have been mixed. While we are undoubtedly more connected and better informed, we’re simultaneously more anxious about the pace of change and our personal privacy.

According to Tech Republic, firms that have a large amount of data in storage are missing out on an opportunity to harness that data. 

Forrester reports that up to 73% of big data goes unused in organizations, yet very little big data is discarded. The main reasons for retaining old, but seldom or never accessed, data are:

Researchers predict that big data paired with AI will help predict what medical advances make it to the clinical level, reports Phys.org.

An artificial intelligence/machine learning model to predict which scientific advances are likely to eventually translate to the clinic has been developed by Ian Hutchins and colleagues in the Office of Portfolio Analysis (OPA), a team led by George Santangelo at the National Institutes of Health (NIH).