What is Big Data
The demand for data skills is on a steady trajectory for the foreseeable future, these requirements have spread beyond IT to business functions.
What is Big Data
Start maximizing your business opportunities
Big Data is a term we hear a lot nowadays, where ‘Big’ stands for large volumes of collected data. This data comes from multiple sources such as computers, satellites, mobile devices, cameras, microphones and more.
New technologies allow massive storage possibilities, leading to a never-ending collecting. When analyzed timely and correctly it can be of great value to companies, providing insight into the behavior of
- people, traffic
- machines or financial exchanges
- Even the weather provides data that can be analyzed.
Why Big Data matters
Why big data is important? What Are the Benefits of Big Data?
Hospitals collect data about recovery of their patients, smart cities want to know about traffic streams, online search engines want to know what people search for online and supermarkets collect information from their customers about the number of apples they buy every week.
- All this data collected by organizations is Big Data.
- But without analysis that data it is not all that interesting;
- The real value of Big Data lies in the analysis as this provides insights that can lead to better decisions and strategic business moves.
