The use of Big Data could unlock as much as $5 trillion in economic value a year, and it’s falling on colleges and universities to ensure such a boon happens.

[caption id="attachment_50707" align="alignleft" width="150"]big Big Data could unlock up to $5 trillion in economic value.[/caption]

Higher education institutions in recent years have invested hundreds of millions of dollars in data research and tools. Some universities are putting up this money themselves, while others are relying on government and organization grants.

The Gordon and Betty Moore Foundation and the Sloan Foundation have pledged...

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