Big Data: Comprehensive Coverage by Players, Trends, Technology Briefing and Industry Analysis
Today’s digital economy is powered by data. It is produced in abundance by both individuals and enterprises and stored in vast data centers, some of which cover hundreds of thousands of square feet. Several prominent business people and a number of leading publications have described data as the new oil, capable of generating significant value if used in the right way.
The challenge for enterprises is not collecting data - unlike oil, data is not scarce, nor is it difficult to extract - but deriving actionable insights from the wealth of information that they accumulate on a daily basis. This is where big data technologies come in, with their ability to handle extremely large, diverse data sets that, when analyzed, can reveal patterns, trends, and associations, especially relating to human behavior and interactions.
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Reasons to buy
- Big data has applications across industries, from providing detailed customer profiles for retailers to improving the drug discovery process through the use of predictive modeling.
- This report analyzes the opportunities available to companies that harness the power of big data.
- It also highlights the need to tailor their approach to their own specific requirements and use cases.
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Last Update : Nov 22, 2019
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|Item Owner : Vidhya Nigam|
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