Linked Data

Linked data refers to the collection of interconnected datasets that can be shared or published on the web and collaborated with machines and users. It is highly structured, unlike big data. It is used in building Semantic Web in which a large amount of data is available in the standard format on the web.

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29 percent of investment professionals use expert networks to derive data.
The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
53 percent of companies are adopting big data analytics
The education vertical currently has the lowest adoption of big data among vertical industries, but educators are most likely to say they may use big data in the future.
More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
Businesses that use big data saw a profit increase of 8–10 percent.
62 percent of retail businesses see competitive advantages from information and analytics.
36 percent of investment professionals use web scraping to derive data.
8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition

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