The Ministry of Science, ICT and Future Planning has announced a plan to establish an information center on big data.

The ministry said that with the state-run National Information Society Agency, it will establish the big data center where anyone can analyze and utilize big data. The center will also boost the introduction of big data services nationwide.

The ministry will select someone to build the center through competitive bidding by next month and open it on a trial basis in September.

Big data refers to a huge and extensive collection of data sets created by IT devices in everyday life, such as cell phone signals and records, messages on social media sites, digital pictures and videos, and online and mobile purchase transactions.

The use of big data can generate added value if it is analyzed and applied to businesses.