There has been rapid advancement in technology during the past decade

There has been rapid advancement in technology during the past decade. Communication technologies have evolved from wired to wireless, and with 5G, the mobile data speeds will match broadband-like speeds. Computing devices and their capabilities have evolved to the current smartphones with the CPU and memory to match desktop computers. In addition, smartphones have various sensors such as ambient sensors, gyroscope, accelerometer, cameras, microphones etc that have resulted in many innovative applications and technologies. Similarly, there has been rapid advancement in embedded devices and sensor technologies that enable bridging of the virtual world with the real physical world.As a consequence, we are moving towards a world where every object, place and person would be connected. Several terms such as Internet of Things, Cyber- Physical Systems (CPS) are being used to describe this integration of computation, networking, and physical processes. Embedded computers and networks monitor and control the physical processes, with feedback loops where physical processes affect computations and vice versa. These advancements have ramifications on social and economic aspects. write an executive industry-style report on the following current and emerging technologies that is enabling the connected future.

Question
One of the consequences of a connected world, where every object, place and person are connected is the generation of a sea of data, a term commonly referred to as big data. Evaluate the challenges and opportunities of big data. Use specific example to substantiate your discussion.