“Big data.” We hear the term often. But what does it really mean? According to an exhibit maintained by the Chicago Architecture Foundation, “Big data” refers to the volume, velocity, and variety of the data generated in our world today. The term quite simply refers to the data collected by all forms of digital information – including social media. Big Data is even making a revolutionary impact in healthcare and the business world. IBM recently announced plans to expand cognitive supercomputer, Watson. The apps included in this brilliant piece of technology will be able to help you find a therapist and even analyze DNA with the help of more than a dozen cancer institutes partnering with this latest push for groundbreaking technological advancement. MORE Want more information on “Big data” and healthcare? Join Matter Chicago on Monday, May 18 from 6 PM to 8 PM at Merchandise Mart Plaza for:The Power in Patterns: How Big Data is Improving Patient Care.

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