Question

Describe how data is created, the amount of data being created, and the value of information to a business.

Answer 1

Answer:

The Big Data Value Chain is introduced to describe the information flow ... Ecosystems allow companies to create new value that no company could achieve by itself (Adner 2006) .

Answer 2

meaningful ways. Data in itself is merely facts and figures. Data analysis organises, interprets, structures and presents the data into useful information that provides context for the data