Big Data for Business

The decision-making driven by big data is now being widely recognized, and there is growing enthusiasm for this notion, which has taken companies to develop the skills required for data scientists.

Digital Era improved analytics and increased connectivity through new technology, which results in an explosion of the amount of data. Through better analysis of large data volumes that are becoming available, there is the potential to make advances in many scientific disciplines and improve the profitability and success of many companies. Big data is considered the next frontier for innovation, competition and productivity. However, due to this explosion of data, many challenges have raised and should be addressed in order to fully realize this potential.

What is big data?

Big Data is a paradigm for enabling the collection, storage, management, analysis and visualization of large data sets with heterogeneous characteristics. It allows the combination of two or more sources to generate an insight unavailable from just a single stream of information, which provide valuable information for the most different areas.

The characteristics of big data are known by 3 v’s:

1 – Volume – The huge amount of data that organizations receive daily;

2 – Velocity – The large….

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