The Role of Big Data in Modern Business Strategies | |
Big Data refers to the vast volumes of structured and unstructured data businesses collect and analyze to extract valuable insights. Data Collection and Storage: Businesses gather data from various sources, including customer transactions, social media interactions, and IoT devices, storing them in centralized databases or cloud platforms for analysis. Data Analytics: Advanced analytics tools and algorithms process Big Data to uncover patterns, trends, and correlations, enabling data-driven decision-making and strategic planning. #BigData, #DataAnalytics, #DataDriven, #BusinessIntelligence, #DataStrategy, #DigitalTransformation, ![]() | |
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