Introduction
“Big data” is already a frequently-heard buzzword, both in the business analytics arena, but also in the field of high-performance scientific computing. Basically, “big data” encompasses the collection, processing, indexing and utilization of large-scale datasets. Some concrete examples include temperature and sunlight data downloaded from satellites monitoring of the Earth’s environment, particle tracking data produced by the Large Hadron Collider in Europe, and anonymized smartphone position data made available, in some cases, by wireless operators and even certain smartphone applications.
Big data has enormous potential to revolutionize the world of finance, mainly
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