What does "Big Data" refer to in the field of data analysis? 🔊
**Big Data** refers to the vast volume of structured and unstructured data generated at high velocity in various formats. In the field of data analysis, Big Data encompasses the tools and techniques used to collect, process, and analyze these large datasets to uncover meaningful patterns, trends, and insights. This analysis is crucial for businesses to make informed decisions, enhance processes, and drive strategic innovations.
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