Big Data - Its Relevance and Impact on Industrial Statistics (Working Paper)

Before the era of Big Data, only few alternative data sources were available, and official statistics represented the single most valuable source of data for researchers and policymakers. Emerging data sources represent a new challenge in the field of statistics but it might also be necessary to establish an additional system of legal and methodological regulations for their use.

This paper intends to provide an overview of possible ways to implement Big Data sources into UNIDO’s industrial statistics programme.