big data advantages and disadvantages
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Answer:
The primary advantage of Big Data centers on the need to analyze and systematically extract valuable information from large data sets to promote informed decision-making. Hence, from this advantage comes more specific advantages and applications for organizations, including business organizations and non-profit organizations such as government agencies
Below are the specific benefits and applications of Big Data:
1. Understanding and Targeting Consumers
2. Optimize and Improve Business Processes
3. Supports Developments in Artificial Intelligence
4. Empowers Online Businesses and the Digital Ecosystem
5. Equipping Organizations with Better Capabilities
THE CONS: DISADVANTAGES AND CHALLENGES OF BIG DATA
Despite the advantages or beneficial applications of Big Data, it comes with drawbacks or disadvantages, as well as challenges that can make its implementation risky or difficult for some organizations. These issues need to be solved to reap better the benefits that come with mining large sets of data.
The following are the disadvantages and challenges of Big Data:
1. Privacy and Security Concerns
2. Technical Challenges and Requirements
3. Issue Over the Value of Big Data
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