Big data refers to analysis and managing the large volume of data or information that is generated at high speed. It is a process of analysis large amount of complex formatted data that is collected from various sources.
Source of Big Data
- Social media – Instagram, Facebook and Twitter
- E-commerce – Flipkart and Amazon etc
- IOT appliance
- GPS (Global Positioning System) – Google map etc
- Transaction and Machine Data.
Applications of Big Data
- Social media – For example twitter uses big data tools to manages millions of tweets per day
- E-commerce – Amazon uses big data model to process huge amount of costumer’s data.
- Financial & Banking sector
- Travel and Tourism – Railways and Airlines companies.
- Govt and Military. – fighter planes
Importance of Big Data
- Fast processing and analyzing of large amount data
- Fulfilling present need because traditional database system cannot process large dataset
- Cost saving
- Time saving
- Understanding market condition
- Sentimental analysis
- Improve costumer acquisition and attention.
- Improved decision-making – Big data enables organizations to analyze large volumes of information and identify patterns, trends, and correlations.
1 thought on “What is Big Data?”