The randomization-based feedforward neural network has raised great interest in the scientific community due to its simplicity, training speed, and accuracy comparable to traditional learning algorithms. The basic algorithm consists of randomly determining the weights and biases of the hidden layer and analytically calculating the weights of the output layer by solving a linear overdetermined system using the Moore-Penrose generalized inverse. When processing large volumes of data, randomization-based feedforward neural network models consume large amounts of memory and drastically increase training time. To efficiently solve the above problems, parallel and distributed models have recently been proposed. Previous reviews of randomization-based feedforward neural network models have mainly focused on categorizing and describing the evolution of the algorithms presented in the literature. The main contribution of this paper is to approach the topic from the perspective of the handling of large volumes of data. In this sense, we present a current and extensive review of the parallel and distributed models of randomized feedforward neural networks, focusing on extreme learning machine. In particular, we review the mathematical foundations (Moore-Penrose generalized inverse and solution of linear systems using parallel and distributed methods) and hardware and software technologies considered in current implementations.