Why Is International Business Machines Corporation (IBM) Among the Big Data Stocks to Buy According to Hedge Funds?
We recently compiled a list of the 12 Best Big Data Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against the other big data stocks.
Big data refers to large and diverse collections of data that cannot be managed by traditional data processing tools. Although the need to manage large data sets goes back to the 1960s and 1970s, it was around 2005 when open-source frameworks were created to store and analyze big data sets. Then, the Internet of Things (IoT) enabled gathering more data on product performance and customer usage patterns with more devices connected to the Internet. With the current expansion of generative AI…
