Big Data isn’t always a large volume of data, but the term also refers to the technology, which includes the essential tools and processes. This technology is used by organisations to store the huge amount of data and handle it in a convenient way. The term big data is being used almost everywhere – offline and online.
Big Data, after capturing is first formatted, manipulated, stored, and then finally analysed. Big Data analytics is very crucial to any company. It helps the company gain insight into increasing their revenue, raising the number of potential customers, and above all, to retain their customers. It also helps companies to improve their operations, in a big way.
Big Data and the FUTURE
Big Data has taken the world by storm but what about the future? The data volume will grow, every single second and so will improve the ways of analysing and using it. BIG DATA is here to stay.
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