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SAP Forbes article on the Power of Big Data

SAP writes about the potential economic power behind Big Data in a recent Forbes article.   The article refers to a study published in June 2011 by McKinsey Global Institute that looks at potential for economic impact in specific domains, including Health Care; Public Sector Administration; Retail; Manufacturing; and Personal Location Data.  The report estimates the value of Big Data to US Health Care alone could be more than $300 Billion per year. 

The article mentions a number of the national initiatives underway, including the Obama administation's "Big Data Research and Development Initiative" and MIT's bigdata@CSAIL initiative.