Big Data and Types of Business Datasets When dealing with larger datasets, organizations face difficulties in being able to create, manipulate, and manage big data. Big data is particularly a problem in business analytics because standard tools and procedures are not designed to search and analyze massive datasets. As research from Webopedia parent company QuinStreet demonstrates, big data initiatives are poised for explosive growth. QuinStreet surveyed 540 enterprise decision-makers involved in big data and found the datasets of interest to many businesses today include traditional structured databases of inventories, orders, and customer information, as well as unstructured data from the Web, social networking sites, and intelligent devices. This data, when captured, formatted, manipulated, stored, and analyzed can help a company to gain useful insight to increase revenues, get or retain customers, and improve operations. Big Data and Types of Business Datasets When dealing with larger datasets, organizations face difficulties in being able to create, manipulate, and manage big data. Big data is particularly a problem in business analytics because standard tools and procedures are not designed to search and analyze massive datasets. As research from Webopedia parent company QuinStreet demonstrates, big data initiatives are poised for explosive growth. QuinStreet surveyed 540 enterprise decision-makers involved in big data and found the datasets of interest to many businesses today include traditional structured databases of inventories, orders, and customer information, as well as unstructured data from the Web, social networking sites, and intelligent devices. This data, when captured, formatted, manipulated, stored, and analyzed can help a company to gain useful insight to increase revenues, get or retain customers, and improve operations. webopedia/TERM/B/big_data.html
Posted on: Fri, 31 Oct 2014 16:17:33 +0000