3.Explain how big data can be used to increase business value.
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3.Explain how big data can be used to increase business value.
Step by step
Solved in 3 steps
- Big data is a word used to describe voluminous amounts of data. What business challenges does big data present? Provide an example of a successful usage of Big Data.How can Big Data provide a competitive edge?Discuss the role of data monetization in contemporary business models. What strategies can companies employ to leverage data as an asset?