Final answer:
A database with a large volume of data is known as a 'Big Data' platform, as illustrated by the Sloan Survey, which collected data at 8 MB/s, accumulating over 15 TB, requiring supercomputers and advanced algorithms for analysis.
Step-by-step explanation:
A database that contains a large volume of company data is known as a 'Big Data' platform. In the context of the Sloan Survey, scientists dealt with an incredibly large volume of data, as much as 8 megabytes per second, totaling over 15 terabytes. This amount of data is comparable to the information contained in the Library of Congress. Managing, organizing, and analyzing such amounts of data present a significant challenge.
In the era of Big Data, fields like astronomy utilize supercomputers and advanced computer algorithms to process and derive scientific insights from vast datasets efficiently. The Sloan Survey highlights the shift towards Big Data and underlines the necessity for sophisticated tools and methodologies for data analysis in our modern information age.