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Big data is a field that deals with the analysis, management and understanding of large data sets. It is a combination of structured, unstructured and semi-structured data. The data can be in the form of text, images, audio or video files. Big data has become one of the most important areas of research in recent years due to the rapid growth of data.
There are main characteristics of big data which are volume, velocity and variety.
Some of the common big data tools and technologies are Hadoop, NoSQL, Apache Spark, Hive, MongoDB, RapidMiner, Sisense and Sqoop.
There are many benefits of big data. Some of the benefits are listed below:
The demand for big data skills is increasing at a rapid pace. Students who want to pursue a career in this field need to have strong analytical and technical skills. They also need to be familiar with the different big data tools and technologies. Big data assignments require students to have a good understanding of the concepts and tools.
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Big data is a massive collection of structured and unstructured data which organizations store and process. Its importance has grown rapidly in various industries as it helps companies gain valuable insights and make informed decisions.
In healthcare, big data can be used to develop strategies that lead to better patient outcomes through analyzing medical records and recognizing disease patterns. In finance, leveraging big data can help detect fraudulent activities and make sounder investment decisions. Similarly, in retail businesses, big data provides a way to optimize supply chain management as well as enhance customer experience.
Overall, big data is becoming increasingly influential across many sectors by supporting more knowledgeable choices, uncovering new opportunities, and improving organizational performance.
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