Hacker Noon October 25, 2019
McKinsey and Company estimate that 84% of executives believe their future success is dependent on innovation. In terms of businesses, innovation helps them to grow and plays a very important role in terms of economic growth.
So what is big data? Put simply, big data is larger, more complex data sets, especially from new data sources. These data sets are so voluminous that traditional data processing software just can’t manage them.
This data can be categorized, analyzed and used for businesses large and small to innovate, iterate and tackle problems that were simply out of reach. Let’s take a look inside.
Exploring the 3 V’s of Big Data
Like many academic or technological advances, big data can be broken down...