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uses of big data

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Why Is Big Data Important? 1) Cost reductions  2) Time reductions  3) New product development and optimized offerings 4) Smart decision making Who uses Big Data? image: application of big data The  following sectors uses Big Data widely - Banking,  Education,  Health Care,  Retail, Government etc.

Big Data

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Big Data What it is? Why it matters? image: big data Big Data  is a phrase used to mean a massive volume of both structured  and unstructured data  that is so large it is difficult to process using traditional database  and software  techniques. In most enterprise scenarios the volume of data is too big or it moves too fast or it exceeds current processing capacity.  Characteristics Image: bigdata characters #  Volume Organizations collect data from a variety of sources, including business transactions, social media, and information from sensor or machine-to-machine data. In the past, storing it would’ve been a problem – but new technologies (such as Hadoop) have eased the burden. # Velocity Data streams in at an unprecedented speed and must be dealt with in a timely manner. RFID tags, sensors, and smart metering are driving the need to deal with torrents of data in near-real time. # Variety Data...