ways. Such a huge potential and disparity in access to data can create considerable tensions among different sections of the society.Let us look at the business perspective here. There is no doubt now that organizations, especially larger corporations have started accumulating large amounts of data. However, the data is unstructured, voluminous and of high speed. For example, the corporations have access to multiple sources such as call centre logs, client chats, SMS texts, Instagram pictures, Click Stream on the web, social media such as Facebook, Blogs, CCTV, RFID, Barcode Scanner, Geographic Information Systems (GIS), Genomics, Youtube, Internet of Things (IoT), and the list is further expanding. As Moldoveanu 5 claims, the real problem with Big Data is not storage, analysis, etc., but, how do the organizations effectively and efficiently transform relevant data reliably into useful information? Perhaps, this is the culmination of a number of complex problems that the manager/client is more likely to face in the wake of Big Data deployment.Recently much good science, whether physical, biological, or social, has been forced to confront-and has often benefited from-the Big Data phenomenon. Big Data refers to the explosion in the quantity (and sometimes, quality) of available and potentially relevant data, largely the result of recent and unprecedented advancements in data recording and storage technology. 7 7 Diebold, F.X. (2012). On the origin(s) and development of the term 'Big Data'. PIER Working Paper 12-037.