Big data will be instrumental for developing countries

The world is fast-tracking technology and developing countries are quite slow in embracing this, yet the notion has been around. Big data is the new hot topic that needs to be embedded within growing economies and Botswana needs to be part and parcel of assimilating big data with the 4IR initiatives (Fourth Industrial Revolution).

Big data refers to quintillion sets of information that flow through various sources which include social media, the stock exchange, health ports, climate stations and others. The assimilation of such information and its analysis is what's currently shaping economic policies that govern the big economies in Europe, America, Australia, and the Middle East. The digital revolution is an exciting era to live in hence the question of how far developing countries are in jumping on this wave and how can we explore opportunities presented by big data.