ABC Medical Technology, a fast-growing global research firm, has accumulated so much client information that conventional database management systems cannot handle its customer needs. Therefore, it purchased very sophisticated analysis software and supercomputing-level hardware. For the company's work with hospitals and university medical schools, ABC has been noted in publications as "real pioneers for innovation and productivity." This vast amount of data is known as ____.
Big Data

Based on the scenario being described within the question it can be said that this vast amount of data is known as Big Data. In the context of Information Technology, this term refers to the specific field that focuses on discovering ways of analyzing, and at the same time extracting information from databases that are too large or complex to be able to use more traditional methods for processing the information.