Big data

Big data (92)

Data Warehouse or Cloud - Where do You Store Big Data

One of the most misunderstood and divisive areas in business intelligence solutions is the area of data storage. Due to the current and future data storage technologies, many businesses are doing everything possible to ensure they know better and are ahead in data storage and usage. With the commodification of data, companies like Google and Amazon that have large data storage centers are capable of processing and storing data with minimum latency and serve massive user bases. When we talk about big data, traditional hard drives and other storage methods will not meet the new requirements.

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Dekalb, IL is at the center of the metaverse with expansion of Meta's $1B data center

Dekalb, Illinois is at the center of the Metaverse. Literally.  Meta, the parent company of Facebook and Instagram decided to expand their already $1 billion dollar data center by another 2.4 million square feet. The data center will go from two to five buildings and will house servers and computer equipment – becoming just one of 17 data centers powered by Meta in the United States.

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Know More About Managing Big Data

Big data is a topic that many people talk about today. Big data is vast amounts of data that cannot be stored, retrieved and processed using traditional approaches. This data consists of various variations.

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Utah Becomes Latest State to Pass Data Privacy Law

Utah has become the latest state to pass a data privacy law. Taking effect on December 31, 2023 - the Utah Consumer Privacy Act (UCPA) will apply to organizations with annual revenue of $25M or more that conduct business in Utah or produce products or services targeted at Utah residents and process large volumes of personal data.

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Big Data for Small Businesses

It is hard to come across a talk on technology without hearing how big data will alter the corporate landscape. As big as the name suggests, big data is never too big for small businesses. In fact, with the right adoption of this technology, small businesses can gain significant insight that can allow owners to discover hidden trends, patterns, customer preferences and other crucial insights that are good for proper decision-making. With the help of big data, small businesses can make significant business decisions that are necessary to stay ahead of the competition and increase profitability. While most people know that big data can help small businesses, some of them are not clear on what ways they can benefit from it. Here are some examples of how small businesses can use big data.

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Your Big Data Can Send Your Performance Skyrocketing  

Every organization today is thinking of how it can get maximum value from the information it gathers from daily transactions. With the new technologies emerging leading to a massive collection of data more than ever, many organizations are struggling to find ways to obtain value from data and compete appropriately in a fast-paced marketplace. However, they keep asking themselves how best to achieve value. Knowing what happened and why it happened is no longer enough. Rather, organizations must know what is taking place now, what might happen in the future, and what actions should be taken to get the best results.

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Analytics is a Top Use of Big Data  

Every day, your organization receives an abundance of data generated by the customers and daily transactions. This ranges from emails you open, mobile apps you use, tags on social media, online purchases, conversations with customer service representatives and even files you generate and save on company computers. Employees, supply chains, marketing teams and finance teams generate a lot of data too. All these sources are stored in your organization electronically or manually. Big data is an extremely vast volume of data and datasets that come in diverse forms from different sources. On the other hand, big data analytics is the complex process of examining this vast amount of data to uncover patterns, correlations, trends and preferences of the customers to help make informed decisions.

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Ready to Start Using Big Data?  

Over the past two decades, data has emerged as one of the most crucial points that professionals in different sectors have continued to discuss. With the importance of data in decision-making, businesses in sectors such as healthcare, financial services, and agriculture are turning to big data as they seek to enhance efficiency and add untapped value to their operations.

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Storage Resources Are Not the Only Issues for Big Data

Data has become a new goldmine for organizations. In the current age, no organization can function without data. With the huge amounts of data emanating from various sources every second from business transactions, social media, customer logs, and stakeholders, data has become the fuel without which companies cannot move. All the data is piled up in a large data set called Big Data. The big data needs to be analyzed to help in decision-making. Big Data has various challenges, including handling it in the best possible way. This involves processing, storing, analyzing massive amounts of data on various data stores. Here are some of the challenges that come into play while dealing with big data.

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Is It Possible to Have Too Much Data?

Big data analytics has significantly changed the marketing landscape for the better. At the same time, it has made things more complicated for marketers. Despite the data that organizations have in their possession being like a treasure trove consisting of actionable insights that can be leveraged to improve operations, the type of data is also crucial. Therefore, the digital marketing approach and the data-driven models that organizations adopt may not entirely mean that they will have a free ride in their marketing initiatives as most marketing firms would want to believe. Below are the reasons why it is possible to have too much data.

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