BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Normal Data
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Analytics
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Big Data
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Detailed explanation-1: -Big Data is an all-encompassing term that refers to the accumulation of data in large pools employed in today’s global corporate world. It is a collection of organised, semi-structured, and unstructured data gathered by businesses. Big data necessitates data storage and processing solutions.
Detailed explanation-2: -Big data comes from myriad sources–some examples are transaction processing systems, customer databases, documents, emails, medical records, internet clickstream logs, mobile apps and social networks.
Detailed explanation-3: -“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-4: -This can be data of unknown value, such as Twitter data feeds, clickstreams on a web page or a mobile app, or sensor-enabled equipment. For some organizations, this might be tens of terabytes of data. For others, it may be hundreds of petabytes.