Band names can often reflect societal trends so I’m not surprised that a group selected the name Big Data. I like the name: it sounds current and menacing. I’ve only heard their songs a few times on the radio so I’ll have to reserve judgment on what they have actually created.
It might be interesting to think of what sociological terms and ideas could easily translate into good band names. One term that sometimes intrigues my intro students – interactional vandalism – could work. Conspicuous consumption? Cultural lag? Differential association? The culture industry? Impression management? The iron cage? Social mobility? The hidden curriculum?