[Term of the Day]: Big Data Analytics

[Term of the Day]: Big Data Analytics


Term of the Day

 

"Big Data Analytics"

 

Definition — What is Big Data Analytics and why it matters?


 

Big Data analytics is the process of examining large sets of data (called Big Data) to discover patterns and other valuable insights. With today’s technology, Big Data analytics can help organizations to better understand the information contained within the data and will also help identify the data that is most important to the business and future business decisions and disprove existing theories or models.

This concept has been around for years and organizations have now understood the values and benefits that it
brings to the table. It allows to work faster – and stay agile – gives organizations a competitive edge they didn’t have before.

An 
article by Forbes states that data is growing faster than ever before. By the year 2020, about 1.7 megabytes of new information will be created every second for every human being on the planet, which makes it extremely important to know the basics of the field at least. After all, here is where our future lies.



Check 
this article to learn more about data analytics.



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