RepuX : Decentralizing Big Data
“With too little data, you won’t be able to make any conclusions that you trust. With loads of data you will find relationships that aren’t real… Big data isn’t about bits, it’s about talent.” Big Data Big data is a term that describes the large volume of data — both structured and unstructured — that inundates a business on a day-to-day basis. But it’s not the amount of data that’s important. It’s what organizations do with the data that matters. Big data can be analyzed for insights that lead to better decisions and strategic business moves. Why big data is important? The importance of big data doesn’t revolve around how much data you have, but what you do with it. You can take data from any source and analyze it to find answers that enable 1) Cost reductions 2) Time reductions 3) New product development and optimized offerings, and 4) Smart decision making. When you combine big data with high-powered analytics, you can accomplish business-related tasks such as: D...