Size doesn't matter: regulating "big data" in a "small data" world
Big data is everywhere. Once the preserve of innovators and technology entrepreneurs, big data analysis is now routinely used by a wide range of public and private sector organisations. It’s a tool for planning, resource management and gaining competitive advantage.For many, the potential benefit from analysing enormous big data datasets is undeniable. However, the view of Europe’s most high profile data protection think tank, the Article 29. Data Protection Working Party (the WP29), is that the real value of big data remains to be proven. Either way, big data creates challenges for traditional data regulation regimes.