What are the different types of Big Data?
There are 5 different types of big data. These include- Dark Data, Lost Data, New Data, Fast Data and Big Data. 1)Dark Data: The information the user has but can’t be easily accessed 2)Lost Data: The information generated from any manufacturing equipment or any other commodity found inside the commercial
What are the features of Big Data?
The features of big data can be encapsulated as the 4Vs. These 4Vs include Volume: The quantity of data that is being generated and stored Variety: It refers to the type and nature of data Velocity: It refers to the speed of data at which it is generated and processed
What are the 4Vs of Big Data?
The 4Vs of Big data include- volume, variety, veracity and velocity
How can my business benefit from Big Data?
Any business can reap benefits from the big data in 5 ways. These include- cost savings, timely reductions, development of newer products, understanding of the market conditions and controlling the online reputation of the business
Why Big Data?
Big Data analytics help the organizations to harness their data and use this data for identifying newer opportunities. This results in smarter business moves, efficient operations, higher profit volumes and most importantly the happy and satisfied customers.