A: Big Data: What is the business value of big data?

What is the business value of big data?

Big data provides business insights that can offer valuable perpectives on:

  • Human behavior
  • Sentiments
  • Interactions
  • Contracts
  • Compliance
  • Trends

What are Big Data Opportunities?

Big data provides an opportunity to find insight in new and emerging types of data.
We can answer questions with big data that were beyond reach in the past.
We can extract insight and knowledge, identify trends and use the data to improve productivity, gain competitive advantage and create substantial value for the world economy.

What are high-performance analytics?

High-Performance Analytics is a technology solution used by business who need to solve complex problems requiring analysis of big data at a detailed level. The technology is specifically descigned to deal with high volume, varity and velocity data.

What are Big Data tools?

Big data analytics needs to be optimised for large datasets.

Examples of high-performance analytics tools are:
– Predicitive analytics,
– Data mining
– Advanced data visualistation