BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -“Big data” is a term relative to the available computing and storage power on the market-so in 1999, one gigabyte (1 GB) was considered big data. Today, it may consist of petabytes (1, 024 terabytes) or exabytes (1, 024 petabytes) of information, including billions or even trillions of records from millions of people.

Detailed explanation-2: -If the volume of data is large enough, it can be considered big data. What is considered to be big data is relative, though, and will change depending on the available computing power that’s on the market.

Detailed explanation-3: -The volume of data refers to the size of the data sets that need to be analyzed and processed, which are now frequently larger than terabytes and petabytes. The sheer volume of the data requires distinct and different processing technologies than traditional storage and processing capabilities.

Detailed explanation-4: -Volume. The most basic way to tell if data is big data is through how many unique entries the data has. Usually, a big dataset will have at least a million rows.