But what is it about big data that has garnered such an interest even among the average businessman? It seems that the days when tech innovations were only limited to those in the industry have shifted their course. Today the smartphone alone has enabled a single person with tools that once only existed in science fiction.
Every business at its core is nothing more than just transactions and interactions. It is a relationship between those providing goods and those receiving them.
The foundation of any successful business is the records of its operations. This practice helps create a flow and smoothness in a business operation as they can gather and digest information to help their business operate optimally.
So how does big data come within an old age practice of collecting information and storing it somewhere?
Big Data, as the name, suggests deals with an enormous amount of information. It is essentially the center of what runs a majority of our daily tasks today. From our social media accounts to our emails and the purchases we make online.
However, it is not just about the number of data one collects when dealing with Big Data, but also about how it is curated.