What does the term "big data" refer to in data analysis? 🔊
The term big data refers to vast and complex datasets that traditional data processing software cannot efficiently manage. Big data encompasses structured and unstructured data derived from various sources, including social media, online transactions, and sensors. Analyzing big data enables organizations to extract valuable insights, identify trends, and make data-driven decisions. Technologies such as cloud computing, data mining, and machine learning are employed to process and analyze big data effectively, transforming it into actionable intelligence for businesses.
Equestions.com Team – Verified by subject-matter experts