The term “big data” has been thrown around more and more over the past few years. And while big data has been prophesized to be the next fundamental marketing tool, very little about what it actually is has made its way into public knowledge. Many even define the term incorrectly, allowing it to reach little more than the status of a buzzword mentioned blithely at the business roundtable.

“Yes, of course we should use big data! …What is it again?”

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