What is Big Data? How is it useful?
Answers
Answer:
Big data is only as useful as the meaning that is derived from it.
Having lots of data is only part of the solution.
Segmenting it, making it easier to use, and providing clear purpose for identified sets of users from the big data, is another core set of requirements.
It is the insights that can come from from big data which provide the opportunity to gain a competitive edge over the competition - these are far less discussed compared to the big data itself.
Explanation:
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Answer:
Big Data refers to large amounts of structured and unstructured data that grows with time. It cannot be processed with the help of traditional techniques and requires special tools.
Explanation:
Big data analytics helps organizations harness their data and use it to identify new opportunities. That, in turn, leads to smarter business moves, more efficient operations, higher profits and happier customers.
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