Impact of Using Big Data analytics on Business research paper
Big data is high-volume, high-velocity and high-variety information assets that demand cost-effective, innovative forms of information processing for enhanced insight and decision making. Big data finds insights from complex, noisy, heterogeneous, longitudinal, and voluminous data. and aims to answer questions that were previously unanswered. Big data exists in a wide variety of data-intensive areas such as atmospheric science, genome research, astronomical studies, and network traffic monitor. Collecting, analyzing and understanding Big Data is becoming a differentiated strategy today but it will become a fact of life tomorrow. A lot of work is done on big data. Now it is time to know its impact on welfare of the society.Thefore, the aim of the book is to understand real use cases, benefits, advantages, impact and future challenges. This book, ‘Impact of Big Data Analytics on Business, Economy, Health Care and Society’ is unique among those big-data books because of its great depth, technical approach and coverage of the emerging issues and approaches in various fields of Big Data like Ø History of big data Ø Definitions of big data by thought leaders Ø Surprising statistics about big data Ø Open source big data tools and platforms Ø Use cases of big data Ø Advantages & benefits of big data Ø Impact of big data on business, economy and society Ø Impact of big data on heath care Ø Transforming social welfare with analytics Ø Future of big data Ø Risks and challenges and paradox The book is focused around the real-life implementation of Big Data technologies that will provide bold vision from leading innovators across the data-driven spectrum and help gain fresh insights and strategic momentum to grow further. The aim of this book is to be accessible to researchers, graduate students, and to application driven practitioners who work in data science, analytics and related fields. It is a timely and urgently needed publication as it provides the most up-to-date, crucial, and practical infor¬mation for big data use cases, benefits, advantages, and impact. Specialty of this book is that it covers important issues of big data from fundamental knowledge to application in various sectors along with its impact on societ………………………
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