How Big Data can help Businesses to grow online?

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Many big organizations including IT companies
have a proper use of data to provide the
valuable information and services this big data
helps them to develop information and can make a
perfect product also. It is very reasonable and
cheaper to store big data easily. There are many
benefits to having big data for companies, big
data generally helps to find the answers to such
complex questions which are unanswerable at
times. Many problems with every question can be
found easily because having a lot of data can be
very useful. Big data are used for the
development of the product create amazing and
full- fledged data and also gather positive
customer experience. It helps in better
operation of the business as more and more amount
of data is available for usage and conversion
into valuable things. Having big data is helpful
for business as it helps to make better
strategies and plans for the business. Big data
helps to grow many companies and grow business
as well. Small business can reap the benefits of
big data very easily and can help to compete with
big business also. A lot of data can also help
to increase sales and the hiring process of
employees also become easier. There are many
tools to store big data and if used wisely these
tools can help to store a large number of big
data which can help the company and users too.
There are mainly two types of big data i.e.
Structured big data and Unstructured big data. A
structured type of big data can be easily
analyzed and stored but the unstructured type of
data cannot be easily analyzed and stored. There
are basically 3 Vs of Big Data-
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Volume Velocity Variety
VOLUME Big data is used to analyze all the
transactions and information ie from where the
transactions and information are made/ gathered
and later on it helps to store a large volume of
big data VELOCITY
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It checks the velocity/speed of the data that
needs to be processed. There are a lot of
applications that handle the velocity of big
datas. an application like Amazon and Flipkart
are the examples of handling the big
data. VARIETY Variety suggests the variety of
datas such as structured and unstructured data
and the identification can be made by comparison
between two datas Nowadays there is a great
importance of big data in the business field such
as
Big data are cost saving for the companys and
can be proven cost efficient
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for the business
It helps to understand the market conditions also
and attract many customers
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that may help to grow the business online.
With big data analysis tools, it becomes easier
to take feedback and make
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certain improvements which may be beneficial for
the business. Learn how to handle Big Data from
Madrid Software Training Solutions which is one
of the best Hadoop Institute in Delhi.