Plenary talk: Big data and real time analytics

Moore´s law predicted the processor and other IT technologies providing us faster computing storage and networking power for cheaper cost, year after year. This helped us to automate most of the industries and processes, leading to creation of terabytes data every day in organizations. Social computing is also fueling the growth of the data. If one can able to process this data in real time, it will provide market trends and user behavior, which can be used in various businesses. To manage and efficiently process this growing terabytes or petabytes of data, per day, the current data management technologies does not meet the requirements. New concepts and models are emerging to meet these challenges.