Big Data Analytics Need Standards to Thrive

If big data analytics is indeed the new oil, then new rules are needed to provide comprehensive guidance across value chains. New standards, specifications and conformity assessment programs are required, along with changes to administrative/ contract law, new legislative frameworks and international agreements. As big data analytics will not be limited to social media platforms and will encompass all sectors of the economy and social protection and policing functions of society, standards will have to address personal data and data generated by sensors and other mechanical devices as well as digital feeds, including still images and camera feeds and facial recognition technologies.

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